643 Broome RdKnoxvilleTN37909
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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 643 Broome Rd, Knoxville, TN, 37909 earns from $3,336/mo rent with a $4,204/mo payment. Total monthly income totals $3,336/mo. ROI tracks 12.39% on current figures, and rental yield reads 4.66% at a $859,000 purchase. Equity gained on principal adds $5,543/yr, and 5% annual appreciation supports $237,326 over five years. Five-year ROI reaches 62.24% and total cumulative return in cash sums $175,911. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,336/mo property income instead of your personal income.
Single Family
Built in 1969
1.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37909, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,723 (100%) |
| Owner Occupied HU | 3,390 (43.9%) |
| Renter Occupied HU | 3,940 (51.0%) |
| Vacant Housing Units | 393 ( 5.1%) |
| Median Home Value | $333,369 |
| Average Home Value | $373,386 |
Housing Distribution
Address Breakdown
Residential
7,681
Single Family
5,279
Multi-Family
2,402
Businesses
446
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