7625 Ogg RdKnoxvilleTN37938
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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 7625 Ogg Rd, Knoxville, TN, 37938 offers a 6.51% rental yield on a $499,900 purchase with $2,713/mo rent. 88% in year one. Equity gained on principal adds $3,226/yr while 5% annual appreciation supports $138,113 over five years. Portfolio math shows five-year ROI at 91.73% and total cumulative return in cash at $152,004. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,713/mo property income against a $2,447/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37938, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,795 (100%) |
| Owner Occupied HU | 6,416 (82.3%) |
| Renter Occupied HU | 952 (12.2%) |
| Vacant Housing Units | 427 ( 5.5%) |
| Median Home Value | $385,516 |
| Average Home Value | $417,120 |
Housing Distribution
Address Breakdown
Residential
7,698
Single Family
7,651
Multi-Family
47
Businesses
401
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