1609 Ridge Climber RdKnoxvilleTN37922
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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
Investment property for sale in Knoxville at 1609 Ridge Climber Rd, Knoxville, TN, 37922 offers a 7.01% rental yield on a $625,000 purchase with $3,653/mo rent. 55% in year one. Equity gained on principal adds $4,033/yr while 5% annual appreciation supports $172,676 over five years. Portfolio math shows five-year ROI at 100.59% and total cumulative return in cash at $206,833. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,653/mo property income against a $3,059/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
8,061 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37922, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,926 (100%) |
| Owner Occupied HU | 12,993 (76.8%) |
| Renter Occupied HU | 2,980 (17.6%) |
| Vacant Housing Units | 953 ( 5.6%) |
| Median Home Value | $552,603 |
| Average Home Value | $623,962 |
Housing Distribution
Address Breakdown
Residential
16,382
Single Family
15,541
Multi-Family
841
Businesses
1,315
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