8313 Shoregate LnKnoxvilleTN37938
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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
Total monthly income runs $2,560/mo, and a $2,569/mo payment. Purchase price stands at $524,900, and rental yield measures 5.85% with $2,560/mo rent. Return on cash invested shows 16.02% in year one, and 5% annual appreciation builds toward $145,020 over five years. Five-year ROI reaches 81.66% and total cumulative return in cash records $141,013. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,560/mo property income covering a $2,569/mo payment rather than investor’s personal income.
Single Family
Built in 2008
435.60 sqft 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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