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Market MapKnoxville, TN
Metropolitan Area

Knoxville, TN

Tennessee0
56
/100
Hold
#604 of 894 metros
Top 67% nationally for investing

Market Snapshot

$353,415
Median Home Price
45% above national median
$1,750/mo
Median Rent
26% above national median
5.94%
Rent-to-Price Ratio
Top 52% nationally
-$715
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$353,415
Down Payment (20%)$70,683
Loan Amount$282,732
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,750
Monthly P&I-$1,853
Est. Expenses (35%)-$613
Net Cash Flow-$715/mo
3.9%
Cap Rate (all cash)
-10.6%
Cash-on-Cash Return
5.94%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 3.9% cap rate. All-cash buyers may see better returns.

* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.

Run Full AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
56/100
56
Cash Flow(30%)
59/100

Based on 5.94% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
61/100

Based on 1.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Based on 0.0% population growth. Growing areas indicate economic stability.

Affordability(20%)
54/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.

Investment Outlook

Strengths

  • +Low unemployment (0.0%)

Challenges

  • -Negative cash flow at typical financing (-$715/mo)
  • -Negative leverage (cap rate 3.9% < mortgage rate 6.9%)

Counties in Knoxville, TN

County data is being compiled for this metro area.

Compare to Similar Metros

Metro AreaVerdict
Abilene, TX
Abilene, TX
76$198,352$1,6439.94%Strong BuyView
London, KY
London, KY
76$156,780Est.Strong BuyView
Saginaw, MI
Saginaw, MI
76$164,025$1,0597.74%Strong BuyView
Jackson, MS
Jackson, MS
76$204,769$1,5348.99%Strong BuyView
Altoona, PA
Altoona, PA
76$166,123$1,0007.23%Strong BuyView
Current
Knoxville, TN
56$353,415$1,7505.94%Hold

The Bottom Line

HoldKnoxville, TN is a neutral market. Consider house hacking or targeting below-market deals in specific counties.

The Knoxville, TN metro area scores 56/100, ranking #604 of 894 US metros (top 67%). The 5.94% rent-to-price ratio may require targeting specific counties or creative strategies for positive cash flow. Current metro-wide averages make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or drilling down to specific counties.

Monthly Cash Flow
$-715/mo
Cap Rate
3.9%
Cash-on-Cash
-12.1%

Ready to Invest in Knoxville, TN?

Use our investment calculators to run detailed numbers on specific properties, or explore individual counties for more targeted opportunities.

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