2116 Mitchell StKnoxvilleTN37917
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 2116 Mitchell St, Knoxville, TN, 37917 in Knoxville deserves attention. This $216,999 property earns $2,100/mo in rent, a 11.61% gross yield, and nets $801/mo after the $976/mo payment. DSCR 2.15 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $59,953 compounds alongside $1,999/yr in yearly equity build, for a total cumulative return of $133,681.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 6.5% |
| Monthly Cash Flow | $801 | $450 |
City averages based on Knoxville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,100 |
| Total Monthly Debt Service | $1,213 |
| DSCR Ratio | 1.73x |
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.
Single Family
Built in 1930
6,969 sqft 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
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
Single Family
Built in 1930
6,969 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices