328 S Castle StKnoxvilleTN37914
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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
Rental property for sale in Knoxville at 328 S Castle St, Knoxville, TN, 37914 priced at $225,500 converts $2,088/mo rent into $738/mo cash flow after a $1,104/mo obligation. Total monthly income equals $2,088/mo, and annual cash flow totals $8,854/yr on $74,753 invested. Return on cash invested prints 31.75% in year one, and rental yield reads 11.11% against a $225,500 entry. Equity gained on principal adds $1,455/yr, while 5% annual appreciation compiles into $62,301 by year five. Five-year ROI reaches 166.1% and total cumulative return in cash sums $124,162. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,088/mo property income covering a $1,104/mo payment, not borrower’s personal income.
Single Family
Built in 1945
7,840 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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