The Norah Plan, Strawberry HillsKnoxvilleTN37924
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 The Norah Plan, Strawberry Hills, Knoxville, TN, 37924 with 5% annual appreciation on a $374,900 basis while $2,640/mo rent supports operations. Total monthly income totals $2,640/mo and a $1,835/mo payment preserves $306/mo for cash returns. Annual cash flow comes to $3,669/yr on $124,279 deployed, and return on cash invested reaches 22.86% in year one. Equity gained on principal adds $2,419/yr, and five-year appreciation sums $103,578 alongside rental yield of 8.45%. Five-year ROI measures 118.71% and total cumulative return in cash totals $147,535.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,640/mo property income versus a $1,835/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$90 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37924, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,007 (100%) |
| Owner Occupied HU | 4,392 (73.1%) |
| Renter Occupied HU | 1,233 (20.5%) |
| Vacant Housing Units | 382 ( 6.4%) |
| Median Home Value | $338,510 |
| Average Home Value | $374,341 |
Housing Distribution
Address Breakdown
Residential
6,036
Single Family
5,709
Multi-Family
327
Businesses
331
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
