6853 Fraker RdKnoxvilleTN37918
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 6853 Fraker Rd, Knoxville, TN, 37918 listed at $319,900 pairs $2,520/mo rent with a $1,566/mo payment to leave $605/mo cash flow. Total monthly income runs $2,520/mo, and annual cash flow reaches $7,257/yr on $106,047 cash to close. Return on cash invested measures 26.75% in year one, and rental yield registers 9.45% at a $319,900 basis. Equity gained on principal adds $2,064/yr, and annual property appreciation at 5% supports $88,382 by year five. Five-year ROI tracks 139.27% and total cumulative return in cash totals $147,692. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,520/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1973
0.95 Acres 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