3112 Rector St NW #3112&3114KnoxvilleTN37921
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThis is a cash-flow-light asset: 3112 Rector St NW #3112&3114, Knoxville, TN, 37921 in Knoxville, $499,000, 7.2% gross yield, $7/mo net income. Consider it a market-entry position, the $2,994/mo rent covers the $2,244/mo payment with a margin, and 5%/yr appreciation is projected to add $137,865 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.33) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $189,251.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 6.5% |
| Monthly Cash Flow | $7 | $450 |
City averages based on Knoxville market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,994 |
| Total Monthly Debt Service | $2,789 |
| DSCR Ratio | 1.07x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1899
N/A 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
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
Multi Family
Built in 1899
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices