8514 Norris LnKnoxvilleTN37938
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow8514 Norris Ln, Knoxville, TN, 37938 in Knoxville earns its strong cash-flow label: 10.31% yield, $2,560/mo rent, $776/mo net income, DSCR 1.91. The $298,000 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $82,332 by year five. Combined with $2,745/yr in principal paydown, total projected return reaches $162,691.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 6.5% |
| Monthly Cash Flow | $776 | $450 |
City averages based on Knoxville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,560 |
| Total Monthly Debt Service | $1,665 |
| DSCR Ratio | 1.54x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2026
0.50 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2026
0.50 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices