1412 Armstrong AveKnoxvilleTN37917
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Total monthly income runs $3,336/mo, and a $9,055/mo payment. Purchase price stands at $1,849,950, and rental yield measures 2.16% with $3,336/mo rent. Return on cash invested shows 4.88% in year one, and 5% annual appreciation builds toward $511,107 over five years. Five-year ROI reaches 21.86% and total cumulative return in cash records $131,049. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,336/mo property income covering a $9,055/mo payment rather than investor’s personal income.
Multi Family
Built in 1920
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37917, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,447 (100%) |
| Owner Occupied HU | 6,164 (45.8%) |
| Renter Occupied HU | 5,918 (44.0%) |
| Vacant Housing Units | 1,365 (10.2%) |
| Median Home Value | $252,060 |
| Average Home Value | $305,210 |
Housing Distribution
Address Breakdown
Residential
12,574
Single Family
10,761
Multi-Family
1,813
Businesses
1,075
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