924 Lester RdKnoxvilleTN37920
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe cash-flow margin at 924 Lester Rd, Knoxville, TN, 37920 in Knoxville is narrow, $53/mo net on $2,687/mo rent after the $2,032/mo debt service, but the property operates at break-even-plus, not a loss. At $452,000 with a 7.33% yield, the long-run equity case via 5% appreciation ($124,879 over five years) and $4,163/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.32 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $169,821.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.3% | 6.5% |
| Monthly Cash Flow | $53 | $450 |
City averages based on Knoxville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,687 |
| Total Monthly Debt Service | $2,526 |
| DSCR Ratio | 1.06x |
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 1974
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37920, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,325 (100%) |
| Owner Occupied HU | 12,056 (56.5%) |
| Renter Occupied HU | 7,183 (33.7%) |
| Vacant Housing Units | 2,086 ( 9.8%) |
| Median Home Value | $321,575 |
| Average Home Value | $381,042 |
Housing Distribution
Address Breakdown
Residential
20,256
Single Family
18,456
Multi-Family
1,800
Businesses
895
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 1974
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37920, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,325 (100%) |
| Owner Occupied HU | 12,056 (56.5%) |
| Renter Occupied HU | 7,183 (33.7%) |
| Vacant Housing Units | 2,086 ( 9.8%) |
| Median Home Value | $321,575 |
| Average Home Value | $381,042 |
Housing Distribution
Address Breakdown
Residential
20,256
Single Family
18,456
Multi-Family
1,800
Businesses
895
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
