1700 Clinch Ave UNIT 409KnoxvilleTN37916
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.59% yield at 1700 Clinch Ave UNIT 409, Knoxville, TN, 37916 in Knoxville is solid, but the $877/mo payment compresses net cash flow to $191/mo at $195,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $53,875 by year five, and $1,796/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.78) without U.S. income documentation. Total projected return: $87,013.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.5% |
| Monthly Cash Flow | $191 | $450 |
City averages based on Knoxville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,559 |
| Total Monthly Debt Service | $1,290 |
| DSCR Ratio | 1.21x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1966
0.50 Acres lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37916, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,970 (100%) |
| Owner Occupied HU | 168 ( 4.2%) |
| Renter Occupied HU | 2,908 (73.2%) |
| Vacant Housing Units | 894 (22.5%) |
| Median Home Value | $295,122 |
| Average Home Value | $440,859 |
Housing Distribution
Address Breakdown
Residential
3,288
Single Family
1,769
Multi-Family
1,519
Businesses
225
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1966
0.50 Acres lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37916, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,970 (100%) |
| Owner Occupied HU | 168 ( 4.2%) |
| Renter Occupied HU | 2,908 (73.2%) |
| Vacant Housing Units | 894 (22.5%) |
| Median Home Value | $295,122 |
| Average Home Value | $440,859 |
Housing Distribution
Address Breakdown
Residential
3,288
Single Family
1,769
Multi-Family
1,519
Businesses
225
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Teresa D Congioloso • Keller Williams Ridge to River
Mls Name: Greater Chattanooga Realtors
Mls ID: #1513200
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