2940 Cardiff Castle LnKnoxvilleTN37931
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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 2940 Cardiff Castle Ln, Knoxville, TN, 37931 offers a 6.9% rental yield on a $479,800 purchase with $2,760/mo rent. 07% in year one. Equity gained on principal adds $3,096/yr while 5% annual appreciation supports $132,560 over five years. Portfolio math shows five-year ROI at 98.07% and total cumulative return in cash at $155,990. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,760/mo property income against a $2,348/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
N/A 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
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Listed by: Devon Cherryholmes • The Real Estate Collective
Mls Name: UCMLS
Mls Provider:
Mls ID: #231514
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