6864 Fraker RdKnoxvilleTN37918
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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 6864 Fraker Rd, Knoxville, TN, 37918 offers a 8.16% rental yield on a $393,800 purchase with $2,678/mo rent. Total monthly income registers $2,678/mo, and a $1,927/mo payment leaves $321/mo available for distribution. Annual cash flow reaches $3,853/yr on $130,545 to close, and return on cash invested stands at 22.86% in year one. Equity gained on principal adds $2,541/yr while 5% annual appreciation supports $108,800 over five years. Portfolio math shows five-year ROI at 118.43% and total cumulative return in cash at $154,609. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,678/mo property income against a $1,927/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A 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
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