2145 Beacon Light WayKnoxvilleTN37931
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
Investment Highlights
Rental property for sale in Knoxville at 2145 Beacon Light Way, Knoxville, TN, 37931 generates $1,805/mo in rent and, after a $1,463/mo payment, leaves $16/mo in cash flow. Total monthly income is $1,805/mo, and annual cash flow is $187/yr on $99,119 invested. Return on cash invested sits at 20.1% in year one, and rental yield is 7.24% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 103.6% and total cumulative return in cash sums $102,682. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,805/mo property income rather than buyer’s personal income.
Single Family
Built in 2013
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37931, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,968 (100%) |
| Owner Occupied HU | 10,536 (75.4%) |
| Renter Occupied HU | 2,898 (20.7%) |
| Vacant Housing Units | 534 ( 3.8%) |
| Median Home Value | $378,506 |
| Average Home Value | $404,044 |
Housing Distribution
Address Breakdown
Residential
13,881
Single Family
12,775
Multi-Family
1,106
Businesses
384
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices