3613 Dance AveKnoxvilleTN37919
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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 3613 Dance Ave, Knoxville, TN, 37919 offers a 10.83% rental yield on a $286,000 purchase with $2,580/mo rent. Total monthly income registers $2,580/mo, and a $1,400/mo payment leaves $868/mo available for distribution. Annual cash flow reaches $10,413/yr on $94,809 to close, and return on cash invested stands at 30.89% in year one. Equity gained on principal adds $1,846/yr while 5% annual appreciation supports $79,017 over five years. Portfolio math shows five-year ROI at 161.47% and total cumulative return in cash at $153,092. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,580/mo property income against a $1,400/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37919, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,978 (100%) |
| Owner Occupied HU | 8,303 (52.0%) |
| Renter Occupied HU | 6,467 (40.5%) |
| Vacant Housing Units | 1,208 ( 7.6%) |
| Median Home Value | $537,151 |
| Average Home Value | $624,147 |
Housing Distribution
Address Breakdown
Residential
15,273
Single Family
10,960
Multi-Family
4,313
Businesses
2,134
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