411 Forestal DrKnoxvilleTN37918
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
Rental property for sale in Knoxville at 411 Forestal Dr, Knoxville, TN, 37918 priced at $225,000 pairs $1,241/mo rent with after a $1,101/mo payment. Total monthly income equals $1,241/mo. Return on cash invested is 18.21% in year one, and rental yield stands at 6.62% on a $225,000 basis. Equity gained on principal adds $1,452/yr, and 5% annual appreciation accumulates to $62,163 by year five. Five-year ROI measures 93.49% and total cumulative return in cash reaches $69,729. For financing, Ziffy Mortgage’s DSCR program evaluates $1,241/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37918, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,018 (100%) |
| Owner Occupied HU | 14,239 (67.7%) |
| Renter Occupied HU | 5,803 (27.6%) |
| Vacant Housing Units | 976 ( 4.6%) |
| Median Home Value | $329,168 |
| Average Home Value | $356,874 |
Housing Distribution
Address Breakdown
Residential
20,467
Single Family
19,535
Multi-Family
932
Businesses
1,062
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices