7009 Randleman DrKnoxvilleTN37918
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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
Rental property for sale in Knoxville at 7009 Randleman Dr, Knoxville, TN, 37918 generates $2,432/mo in rent and, after a $1,770/mo payment, leaves $267/mo in cash flow. Total monthly income is $2,432/mo, and annual cash flow is $3,207/yr on $119,860 invested. Return on cash invested sits at 22.58% in year one, and rental yield is 8.07% on a $361,570 entry. Equity gained on principal adds $2,333/yr, while 5% annual appreciation builds toward $99,895 over five years. Five-year ROI reaches 116.94% and total cumulative return in cash sums $140,170. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,432/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
8,276 sqft 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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