3450 Sparks Scenic WayKnoxvilleTN37931
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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 3450 Sparks Scenic Way, Knoxville, TN, 37931 listed at $497,794 pairs $3,342/mo rent with a $2,436/mo payment to leave $363/mo cash flow. Total monthly income runs $3,342/mo, and annual cash flow reaches $4,351/yr on $165,019 cash to close. Return on cash invested measures 22.55% in year one, and rental yield registers 8.06% at a $497,794 basis. Equity gained on principal adds $3,212/yr, and annual property appreciation at 5% supports $137,531 by year five. Five-year ROI tracks 116.71% and total cumulative return in cash totals $192,599. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,342/mo property income relative to a $2,436/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
6,098 sqft 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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