7709 Silveredge WayKnoxvilleTN37918
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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 7709 Silveredge Way, Knoxville, TN, 37918 priced at $297,800 converts $2,520/mo rent into $718/mo cash flow after a $1,458/mo obligation. Total monthly income equals $2,520/mo, and annual cash flow totals $8,611/yr on $98,721 invested. Return on cash invested prints 28.63% in year one, and rental yield reads 10.15% against a $297,800 entry. Equity gained on principal adds $1,922/yr, while 5% annual appreciation compiles into $82,277 by year five. Five-year ROI reaches 149.44% and total cumulative return in cash sums $147,533. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,520/mo property income covering a $1,458/mo payment, not borrower’s personal income.
Single Family
Built in 2024
2,178 sqft lot
$N/A/sqft
$232 annually 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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Listed by: Elizabeth Russell • Worley Builders, Inc.
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1266036
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Hendrik Van Leesten - (865) 378-5282. [Click here for more information](/info/mls-disclaimers/#mls_154)