438 Berlin DrKnoxvilleTN37923
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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 438 Berlin Dr, Knoxville, TN, 37923 at $258,900 posts ROI 24.77% with $347/mo cash flow from $1,897/mo rent. Total monthly income equals $1,897/mo, and annual cash flow records $4,168/yr on $85,825 to close. Return on cash invested measures 24.77% and rental yield reads 8.79% at the current $258,900. Equity gained on principal adds $1,671/yr, and 5% annual appreciation supports $71,529 by year five. Five-year ROI prints 128.64% and total cumulative return in cash totals $110,408.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,897/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1975
19.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37923, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,210 (100%) |
| Owner Occupied HU | 7,896 (51.9%) |
| Renter Occupied HU | 6,400 (42.1%) |
| Vacant Housing Units | 914 ( 6.0%) |
| Median Home Value | $371,019 |
| Average Home Value | $410,246 |
Housing Distribution
Address Breakdown
Residential
14,208
Single Family
10,949
Multi-Family
3,259
Businesses
883
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