847 Sterchi Park WayKnoxvilleTN37912
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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 847 Sterchi Park Way, Knoxville, TN, 37912 at $308,000 posts ROI 19.66% with from $1,823/mo rent. Total monthly income equals $1,823/mo. Return on cash invested measures 19.66% and rental yield reads 7.1% at the current $308,000. Equity gained on principal adds $1,987/yr, and 5% annual appreciation supports $85,095 by year five. Five-year ROI prints 101.24% and total cumulative return in cash totals $103,372. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,823/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1996
5.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37912, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,120 (100%) |
| Owner Occupied HU | 5,658 (50.9%) |
| Renter Occupied HU | 4,755 (42.8%) |
| Vacant Housing Units | 707 ( 6.4%) |
| Median Home Value | $231,754 |
| Average Home Value | $293,619 |
Housing Distribution
Address Breakdown
Residential
10,920
Single Family
9,411
Multi-Family
1,509
Businesses
941
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