Salem Plan, Fountain PointeKnoxvilleTN37918
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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
Investment property for sale in Knoxville at Salem Plan, Fountain Pointe, Knoxville, TN, 37918 with 5% annual appreciation on a $387,990 basis while $3,534/mo rent supports operations. Total monthly income totals $3,534/mo and a $1,899/mo payment preserves $1,211/mo for cash returns. Annual cash flow comes to $14,537/yr on $128,619 deployed, and return on cash invested reaches 31.21% in year one. Equity gained on principal adds $2,504/yr, and five-year appreciation sums $107,194 alongside rental yield of 10.93%. Five-year ROI measures 163.2% and total cumulative return in cash totals $209,905.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,534/mo property income versus a $1,899/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37918, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,018 (100%) |
| Owner Occupied HU | 14,239 (67.7%) |
| Renter Occupied HU | 5,803 (27.6%) |
| Vacant Housing Units | 976 ( 4.6%) |
| Median Home Value | $329,168 |
| Average Home Value | $356,874 |
Housing Distribution
Address Breakdown
Residential
20,467
Single Family
19,535
Multi-Family
932
Businesses
1,062
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