8020 Cambridge Reserve DrKnoxvilleTN37924
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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 8020 Cambridge Reserve Dr, Knoxville, TN, 37924 uses $129,252 cash to close to unlock $2,416/yr annual cash flow and $201/mo monthly cash flow. Total monthly income runs $2,535/mo, and a $1,908/mo payment keeps the spread at $201/mo. Purchase price stands at $389,900, and rental yield measures 7.8% with $2,535/mo rent. Return on cash invested shows 21.78% in year one, and 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 112.63% and total cumulative return in cash records $145,573. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,535/mo property income covering a $1,908/mo payment rather than investor’s personal income.
Single Family
Built in 2022
435.60 sqft 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
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