327 W Summit Hill Dr #414KnoxvilleTN37902
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
Investment Highlights
Investment property for sale in Knoxville at 327 W Summit Hill Dr #414, Knoxville, TN, 37902 offers a 4.6% rental yield on a $986,500 purchase with $3,780/mo rent. 2% in year one. Equity gained on principal adds $6,366/yr while 5% annual appreciation supports $272,552 over five years. Portfolio math shows five-year ROI at 61.23% and total cumulative return in cash at $198,721. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,780/mo property income against a $4,828/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2025
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37902, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,119 (100%) |
| Owner Occupied HU | 361 (17.0%) |
| Renter Occupied HU | 1,456 (68.7%) |
| Vacant Housing Units | 302 (14.3%) |
| Median Home Value | $584,391 |
| Average Home Value | $590,069 |
Housing Distribution
Address Breakdown
Residential
2,101
Single Family
735
Multi-Family
1,366
Businesses
549
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary Katherine Wormsley • Hatcher-Hill Brokerage, LLC
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1306074
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.