3143 Johnston 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 3143 Johnston St, Knoxville, TN, 37921 offers a 9.18% rental yield on a $274,995 purchase with $2,103/mo rent. Total monthly income registers $2,103/mo, and a $1,346/mo payment leaves $457/mo available for distribution. Annual cash flow reaches $5,481/yr on $91,161 to close, and return on cash invested stands at 25.92% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,976 over five years. Portfolio math shows five-year ROI at 134.83% and total cumulative return in cash at $122,913. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,103/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1899
6,534 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: Kaitlyn Schroth • Keller Williams Realty
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1311827
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 - Hendrik Van Leesten - (865) 378-5282.