3613 Dance AveKnoxvilleTN37919
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 3613 Dance Ave, Knoxville, TN, 37919 in Knoxville hard to pass up. The 10.83% gross yield on a $286,000 purchase results in $2,580/mo in rent and $868/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.01). Annual cash flow of $10,415, five-year appreciation of $79,017, and $2,634/yr in equity build-up combine for a projected total cumulative return of $164,055.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 6.5% |
| Monthly Cash Flow | $868 | $450 |
City averages based on Knoxville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,580 |
| Total Monthly Debt Service | $1,598 |
| DSCR Ratio | 1.61x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices