Knoxville, TN — Rental Investment Analysis
🔴WEAK— appreciation play onlyCap Rate
2.6%
Below average
Monthly Cash Flow
-$1,214
After all expenses
Price-to-Rent
19.2
Overpriced for rent
DSCR
0.40
Fails
📊 Key Metrics
- Median Home Price
- $372,068
- Average Rent (3BR)
- $1,660/mo
- Price-to-Rent Ratio
- 19.2(high)
- 1% Rule
- 0.44%(fails — need 1%+)
- Cash-on-Cash Return
- -16.6%
- Vacancy Rate
- 8.0%
📈 Market Strength
Assumptions Used
20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance
Customize these numbers →📈 Population Movement (Tax Year 2021→2022)
Net Migration
+861 households
GROWING
Total Inflow
141,908
households moved in
Avg Income (New Residents)
$96,676
per household
Where they're coming from:
1.Hamilton Non-migrants, TN138,122 households · avg $97,220
2.Catoosa, GA605 households · avg $53,172
3.Bradley, TN573 households · avg $61,414
4.Davidson, TN296 households · avg $104,128
5.Knox, TN236 households · avg $57,754
Where residents are leaving to:
1.Hamilton Non-migrants, TN138,122 households
2.Catoosa, GA735 households
3.Bradley, TN651 households
4.Davidson, TN242 households
5.Knox, TN203 households
💡 Strong net inflow suggests growing rental demand and upward pressure on rents.
🏘️ Best Zip Codes in Knoxville for Investors
All Zip Codes in Knoxville
| Zip | Cap Rate | Cash Flow | Home Price | Rent (3BR) | DSCR |
|---|---|---|---|---|---|
| 37917 | 4.8% | -$335 | $258,925 | $1,720/mo | 0.76 |
| 37915 | 4.8% | -$278 | $206,739 | $1,360/mo | 0.75 |
| 37914 | 4.0% | -$510 | $254,519 | $1,470/mo | 0.62 |
| 37921 | 4.0% | -$586 | $292,602 | $1,690/mo | 0.62 |
| 37912 | 3.6% | -$668 | $291,380 | $1,580/mo | 0.57 |
| 37918 | 2.8% | -$1,001 | $333,439 | $1,520/mo | 0.44 |
| 37938 | 2.7% | -$1,210 | $390,003 | $1,730/mo | 0.42 |
| 37923 | 2.6% | -$1,259 | $403,364 | $1,780/mo | 0.41 |
| 37931 | 2.6% | -$1,365 | $433,766 | $1,900/mo | 0.41 |
| 37909 | 2.5% | -$1,219 | $379,190 | $1,630/mo | 0.40 |
| 37920 | 2.4% | -$1,063 | $323,284 | $1,360/mo | 0.38 |
| 37764 | 2.3% | -$1,229 | $364,947 | $1,500/mo | 0.37 |
| 37924 | 2.3% | -$1,159 | $339,928 | $1,380/mo | 0.36 |
| 37932 | 2.2% | -$1,873 | $534,649 | $2,110/mo | 0.34 |
| 37922 | 1.8% | -$2,440 | $636,999 | $2,260/mo | 0.28 |
| 37916 | 1.5% | -$1,986 | $486,971 | $1,580/mo | 0.23 |
| 37919 | 1.4% | -$2,278 | $549,720 | $1,740/mo | 0.22 |
| 37902 | 1.3% | -$2,750 | $644,051 | $1,940/mo | 0.20 |