Knoxville, Tennessee

  1. The top employer in Knoxville, Tennessee is the University of Tennessee, which is a major research and educational institution in the area.
  2. The second largest employer in Knoxville is the Covenant Health system, which is a major healthcare provider in the city.
  3. The third largest employer in Knoxville is the City of Knoxville government, which employs a large number of people in various departments and agencies.
  4. The fourth largest employer in Knoxville is the Knox County government, which employs a large number of people in various departments and agencies.
  5. The fifth largest employer in Knoxville is the Tennessee Valley Authority, which is a federally owned corporation that provides electricity to the region.
What Type of Real Estate Investment is Most Profitable
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According to data from the Council for Community and Economic Research (C2ER), the cost of living in Knoxville, Tennessee is lower than the national average. Specifically, the cost of living index for Knoxville is 90.4, which is lower than the national average of 100. This means that, on average, the prices of goods and services in Knoxville are relatively lower compared to the national average.

Some potential factors that may contribute to the lower cost of living in Knoxville include:

  • Lower housing costs: According to data from Zillow, the median home value in Knoxville is $335,454, which is lower than the national median home value of $398,500. This means that, on average, housing costs in Knoxville are relatively lower compared to the national average. https://www.zillow.com/home-values/25428/knoxville-tn/
  • Lower transportation costs: According to data from Numbeo, the cost of a monthly public transportation pass in Knoxville is $39, which is lower than the national average of $70. Additionally, the cost of gasoline in Knoxville is lower than the national average, with a gallon of regular unleaded gasoline costing an average of $2.83 in Knoxville compared to $3.16 nationally. https://gasprices.aaa.com/
  • Lower food costs: According to data from Numbeo, the cost of groceries in Knoxville is 14% lower than the national average.
  • Lower healthcare costs: According to data from the Kaiser Family Foundation, the average annual premium for employer-sponsored health insurance in Knoxville is $6,351, which is lower than the national average of $7,188.
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Knoxville Properties

Oak Terrace Lane, Powell, TN

Oak Terrace Lane, Powell, TN

Purchase Price Projected Rent
$255,000 $2,000
Bed Bath Square Ft Yr Built
3 2.5 1248 2002
Avg Monthly Cash Flow Avg Monthly Increase
760.42 $1,583.83
Total Projected Profit on Sale Avg Annual ROI
185294.09 22.14
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Bogart Lane, Knoxville, TN

Bogart Lane, Knoxville, TN

Purchase Price Projected Rent
$290,000 $2,200
Bed Bath Square Ft Yr Built
3 2.5 1414 2023
Avg Monthly Cash Flow Avg Monthly Increase
722.95 $1,731.14
Total Projected Profit on Sale Avg Annual ROI
207736.85 21.61
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Patriot Lane, Corryton, TN

Patriot Lane, Corryton, TN

Purchase Price Projected Rent
$282,900 $2,000
Bed Bath Square Ft Yr Built
3 2 1270 2023
Avg Monthly Cash Flow Avg Monthly Increase
592.68 $1,582.32
Total Projected Profit on Sale Avg Annual ROI
197286.07 20.22
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West Drive, Lafollette, TN

West Drive, Lafollette, TN

Purchase Price Projected Rent
$299,000 $1,800
Bed Bath Square Ft Yr Built
3 2 1456 2023
Avg Monthly Cash Flow Avg Monthly Increase
374.68 $1,463.90
Total Projected Profit on Sale Avg Annual ROI
183497.56 17.88
View

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“I have been working with Done For You Real Estate since 2012. I have purchased nearly 20 homes from them and every single one has performed. I also do real estate with a couple partners, and Done For You Real Estate has the highest performing homes in my entire portfolio. I highly recommend their services and do not hesitate to refer them to everyone interested.”
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