7109 Babelay RdKnoxvilleTN37924
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 7109 Babelay Rd, Knoxville, TN, 37924 uses $72,897 cash to close to unlock $2,591/yr annual cash flow and $216/mo monthly cash flow. Total monthly income runs $1,532/mo, and a $1,076/mo payment keeps the spread at $216/mo. Purchase price stands at $219,900, and rental yield measures 8.36% with $1,532/mo rent. Return on cash invested shows 23.46% in year one, and 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 121.64% and total cumulative return in cash records $88,672. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,532/mo property income covering a $1,076/mo payment rather than investor’s personal income.
Single Family
Built in 2024
2.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37924, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,007 (100%) |
| Owner Occupied HU | 4,392 (73.1%) |
| Renter Occupied HU | 1,233 (20.5%) |
| Vacant Housing Units | 382 ( 6.4%) |
| Median Home Value | $338,510 |
| Average Home Value | $374,341 |
Housing Distribution
Address Breakdown
Residential
6,036
Single Family
5,709
Multi-Family
327
Businesses
331
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices