3229 Shields AveKnoxvilleTN37914
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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 3229 Shields Ave, Knoxville, TN, 37914 offers a 9.23% rental yield on a $145,000 purchase with $1,115/mo rent. Total monthly income registers $1,115/mo, and a $710/mo payment leaves $247/mo available for distribution. Annual cash flow reaches $2,961/yr on $48,068 to close, and return on cash invested stands at 26.07% in year one. Equity gained on principal adds $936/yr while 5% annual appreciation supports $40,061 over five years. Portfolio math shows five-year ROI at 135.6% and total cumulative return in cash at $65,180. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,115/mo property income against a $710/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37914, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,925 (100%) |
| Owner Occupied HU | 5,926 (59.7%) |
| Renter Occupied HU | 2,954 (29.8%) |
| Vacant Housing Units | 1,045 (10.5%) |
| Median Home Value | $308,045 |
| Average Home Value | $387,599 |
Housing Distribution
Address Breakdown
Residential
9,498
Single Family
8,981
Multi-Family
517
Businesses
723
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