Freeport Plan, SonestaKnoxvilleTN37932
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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
Rental property for sale in Knoxville at Freeport Plan, Sonesta, Knoxville, TN, 37932 priced at $343,990 converts $2,990/mo rent into $930/mo cash flow after a $1,684/mo obligation. Total monthly income equals $2,990/mo, and annual cash flow totals $11,166/yr on $114,033 invested. Return on cash invested prints 29.7% in year one, and rental yield reads 10.43% against a $343,990 entry. Equity gained on principal adds $2,220/yr, while 5% annual appreciation compiles into $95,038 by year five. Five-year ROI reaches 155.1% and total cumulative return in cash sums $176,867. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,990/mo property income covering a $1,684/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37932, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,530 (100%) |
| Owner Occupied HU | 7,217 (62.6%) |
| Renter Occupied HU | 3,418 (29.6%) |
| Vacant Housing Units | 895 ( 7.8%) |
| Median Home Value | $462,779 |
| Average Home Value | $535,608 |
Housing Distribution
Address Breakdown
Residential
10,439
Single Family
8,816
Multi-Family
1,623
Businesses
766
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