8930 Wesley PlKnoxvilleTN37922
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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 $2,534/mo, and a $2,007/mo payment. Purchase price stands at $410,000, and rental yield measures 7.42% with $2,534/mo rent. Return on cash invested shows 17.3% in year one, and 5% annual appreciation builds toward $113,275 over five years. Five-year ROI reaches 89.79% and total cumulative return in cash records $122,039. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,534/mo property income covering a $2,007/mo payment rather than investor’s personal income.
Single Family
Built in 1985
3,049 sqft lot
$N/A/sqft
$375 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37922, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,926 (100%) |
| Owner Occupied HU | 12,993 (76.8%) |
| Renter Occupied HU | 2,980 (17.6%) |
| Vacant Housing Units | 953 ( 5.6%) |
| Median Home Value | $552,603 |
| Average Home Value | $623,962 |
Housing Distribution
Address Breakdown
Residential
16,382
Single Family
15,541
Multi-Family
841
Businesses
1,315
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Listed by: Corrine Campbell • Greater Impact Realty
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1302582
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.