2700 Chillicothe StKnoxvilleTN37921
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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 2700 Chillicothe St, Knoxville, TN, 37921 listed at $202,700 pairs $1,360/mo rent with a $992/mo payment to leave $147/mo cash flow. Total monthly income runs $1,360/mo, and annual cash flow reaches $1,761/yr on $67,195 cash to close. Return on cash invested measures 22.53% in year one, and rental yield registers 8.05% at a $202,700 basis. Equity gained on principal adds $1,308/yr, and annual property appreciation at 5% supports $56,002 by year five. Five-year ROI tracks 116.66% and total cumulative return in cash totals $78,388. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,360/mo property income relative to a $992/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37921, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,368 (100%) |
| Owner Occupied HU | 7,465 (55.8%) |
| Renter Occupied HU | 4,852 (36.3%) |
| Vacant Housing Units | 1,051 ( 7.9%) |
| Median Home Value | $265,335 |
| Average Home Value | $323,885 |
Housing Distribution
Address Breakdown
Residential
12,538
Single Family
10,892
Multi-Family
1,646
Businesses
1,037
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Listed by: Linda Erendson • Realty Executives Associates
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1326805
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Eric Young - (865) 378-5282.