3431 Joseph Gate LnKnoxvilleTN37931
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 3431 Joseph Gate Ln, Knoxville, TN, 37931 at $532,500 posts ROI 21.12% with $155/mo cash flow from $3,342/mo rent. Total monthly income equals $3,342/mo, and annual cash flow records $1,856/yr on $175,193 to close. Return on cash invested measures 21.12% and rental yield reads 7.53% at the current $532,500. Equity gained on principal adds $3,436/yr, and 5% annual appreciation supports $147,120 by year five. Five-year ROI prints 109.03% and total cumulative return in cash totals $191,015.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,342/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2003
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37931, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,968 (100%) |
| Owner Occupied HU | 10,536 (75.4%) |
| Renter Occupied HU | 2,898 (20.7%) |
| Vacant Housing Units | 534 ( 3.8%) |
| Median Home Value | $378,506 |
| Average Home Value | $404,044 |
Housing Distribution
Address Breakdown
Residential
13,881
Single Family
12,775
Multi-Family
1,106
Businesses
384
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Listed by: K.K. Meredith • NextHome Clinch Valley
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1274222
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. [Click here for more information](/info/mls-disclaimers/#mls_154)