2718 Painter Ave APT A106KnoxvilleTN37919
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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 2718 Painter Ave APT A106, Knoxville, TN, 37919 generates $1,540/mo in rent and, after a $807/mo payment, leaves $553/mo in cash flow. Total monthly income is $1,540/mo, and annual cash flow is $6,636/yr on $54,664 invested. Return on cash invested sits at 32.05% in year one, and rental yield is 11.21% on a $164,900 entry. Equity gained on principal adds $1,064/yr, while 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 167.66% and total cumulative return in cash sums $91,648. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,540/mo property income rather than buyer’s personal income.
Condo
Built in 1974
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37919, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,978 (100%) |
| Owner Occupied HU | 8,303 (52.0%) |
| Renter Occupied HU | 6,467 (40.5%) |
| Vacant Housing Units | 1,208 ( 7.6%) |
| Median Home Value | $537,151 |
| Average Home Value | $624,147 |
Housing Distribution
Address Breakdown
Residential
15,273
Single Family
10,960
Multi-Family
4,313
Businesses
2,134
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