Top 10 Investment Properties: October




With 2017 right around the corner, now is the perfect time to explore the Knoxville housing market and find the perfect investment property for you! Woody Creek Realty’s professional property managers can help you navigate this process and together, we can make a successful real estate investment. Take a look at our Top 10 Investment Properties for October and contact us to schedule a showing:

 

picture-uh2cd870839bf52420891514f82bab42ce-ps52d2272aed27be4248ef511c95ba6d-4329-Raj-Rd-Knoxville-TN-37921_300x1974329 Raj Road
Knoxville, TN 37921
Price: $135,000
3 Bedrooms / 2 Bathrooms
Estimated Monthly Rent: $1,100.00
Estimated Year-1 NOI*: $8,913
Cap Rate: 6.41%


10913 Concord Woods Drive
Knoxville, TN 37934
Price: $164,900
3 Bedrooms / 3.5 Bathrooms
Estimated Monthly Rent: $1,300.00
Estimated Year-1 NOI*: $10,753
Cap Rate: 6.33%


509 Dry Gap Pike
Knoxville, TN 37912
Price: $144,900
4 Bedrooms / 2.5 Bathrooms
Estimated Monthly Rent: $1,150.00
Estimated Year-1 NOI*: $9,389
Cap Rate: 6.29%


1417 SW Buckeye Road
Knoxville, TN 37919
Price: $143,000
3 Bedrooms / 3 Bathrooms
Estimated Monthly Rent: $1,150.00
Estimated Year-1 NOI*: $9,256
Cap Rate: 6.28%


11113 Concord Woods Drive
Knoxville, TN 37934
Price: $185,000
3 Bedrooms / 3 Bathrooms
Estimated Monthly Rent: $1,400.00
Estimated Year-1 NOI*: $11,909
Cap Rate: 6.25%


5720 Ball Road
Knoxville, TN 37931
Price: $154,900
3 Bedrooms / 2 Bathrooms
Estimated Monthly Rent: $1,200.00
Estimated Year-1 NOI*: $9,970
Cap Rate: 6.25%


4517 Robindale Drive
Knoxville, TN 37921
Price: $149,900
3 Bedrooms / 2 Bathrooms
Estimated Monthly Rent: $1,200.00
Estimated Year-1 NOI*: $9,283
Cap Rate: 6.19%


6500 Wachese Lane
Knoxville, TN 37912
Price: $149,900
4 Bedrooms / 3 Bathrooms
Estimated Monthly Rent: $1,200.00
Estimated Year-1 NOI*: $9,473
Cap Rate: 6.14%


10905 Dineen Drive
Knoxville, TN 37934
Price: $189,900
3 Bedrooms / 3 Bathrooms
Estimated Monthly Rent: $1,400.00
Estimated Year-1 NOI*: $11,436
Cap Rate: 5.85%


2835 Cherokee Peak Lane
Knoxville, TN 37912
Price: $164,900
3 Bedrooms / 2 Bathrooms
Estimated Monthly Rent: $1,250.00
Estimated Year-1 NOI*: $10,070
Cap Rate: 5.93%


*Net Operating Income (NOI): The annual income generated by an income-producing property after taking into account all income collected from operations and deducting all expenses incurred from operations. These are estimates only and are based on the units in ready-to-rent condition. NOI does not include estimates for improvements where needed or debt service.

*Cap Rate is the ratio of the Net Operating Income/purchase price in this case and is one of the methods used to quickly help evaluate an acquisition to other possible potential investments. It provides an estimate on return based on a standardized NOI on an all cash basis.

If you have any questions about these properties, contact us today!

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