2440 Brooks AveKnoxvilleTN37914
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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
Rental property for sale in Knoxville at 2440 Brooks Ave, Knoxville, TN, 37914 offers $1,617/mo rent that, after a $1,101/mo payment, leaves $270/mo cash flow. Total monthly income is $1,617/mo, and annual cash flow is $3,246/yr on $74,554 cash. Return on cash invested measures 24.26% in year one, and rental yield stands at 8.63% at a $224,900 entry. Equity gained on principal adds $1,451/yr while 5% annual appreciation compounds into $62,136 by year five. Five-year ROI records 125.97% and total cumulative return in cash reaches $93,913. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,617/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37914, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,925 (100%) |
| Owner Occupied HU | 5,926 (59.7%) |
| Renter Occupied HU | 2,954 (29.8%) |
| Vacant Housing Units | 1,045 (10.5%) |
| Median Home Value | $308,045 |
| Average Home Value | $387,599 |
Housing Distribution
Address Breakdown
Residential
9,498
Single Family
8,981
Multi-Family
517
Businesses
723
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