908 Wedgewood DrKnoxvilleTN37914
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
Investment Highlights
Investment property for sale in Knoxville at 908 Wedgewood Dr, Knoxville, TN, 37914 offers a 4.91% rental yield on a $625,000 purchase with $2,557/mo rent. 15% in year one. Equity gained on principal adds $4,033/yr while 5% annual appreciation supports $172,676 over five years. Portfolio math shows five-year ROI at 66.28% and total cumulative return in cash at $136,297. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,557/mo property income against a $3,059/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37914, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,925 (100%) |
| Owner Occupied HU | 5,926 (59.7%) |
| Renter Occupied HU | 2,954 (29.8%) |
| Vacant Housing Units | 1,045 (10.5%) |
| Median Home Value | $308,045 |
| Average Home Value | $387,599 |
Housing Distribution
Address Breakdown
Residential
9,498
Single Family
8,981
Multi-Family
517
Businesses
723
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices