624 Milligan StKnoxvilleTN37914
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
Investment property for sale in Knoxville at 624 Milligan St, Knoxville, TN, 37914 with 5% annual appreciation on a $224,900 basis while $1,552/mo rent supports operations. Total monthly income totals $1,552/mo and a $1,101/mo payment preserves $205/mo for cash returns. Annual cash flow comes to $2,466/yr on $74,554 deployed, and return on cash invested reaches 23.22% in year one. Equity gained on principal adds $1,451/yr, and five-year appreciation sums $62,136 alongside rental yield of 8.28%. Five-year ROI measures 120.35% and total cumulative return in cash totals $89,725.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,552/mo property income versus a $1,101/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1953
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37914, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,925 (100%) |
| Owner Occupied HU | 5,926 (59.7%) |
| Renter Occupied HU | 2,954 (29.8%) |
| Vacant Housing Units | 1,045 (10.5%) |
| Median Home Value | $308,045 |
| Average Home Value | $387,599 |
Housing Distribution
Address Breakdown
Residential
9,498
Single Family
8,981
Multi-Family
517
Businesses
723
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices