2228 Mullins AveHumboldtTN38343
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 Humboldt at 2228 Mullins Ave, Humboldt, TN, 38343 offers a 15.28% rental yield on a $100,000 purchase with $1,273/mo rent. Total monthly income registers $1,273/mo, and a $489/mo payment leaves $675/mo available for distribution. Annual cash flow reaches $8,098/yr on $33,150 to close, and return on cash invested stands at 44.34% in year one. Equity gained on principal adds $645/yr while 5% annual appreciation supports $27,628 over five years. Portfolio math shows five-year ROI at 233.6% and total cumulative return in cash at $77,440. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,273/mo property income against a $489/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38343, Humboldt, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,525 (100%) |
| Owner Occupied HU | 4,622 (61.4%) |
| Renter Occupied HU | 2,098 (27.9%) |
| Vacant Housing Units | 805 (10.7%) |
| Median Home Value | $196,327 |
| Average Home Value | $239,618 |
Housing Distribution
Address Breakdown
Residential
6,915
Single Family
6,775
Multi-Family
140
Businesses
553
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ben Roberts • RE/MAX Realty Source
Mls Name: CWTAR
Mls Provider:
Mls ID: #2503212
Disclaimer: Some or all of the listings displayed may not belong to the firm whose website is being visited. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.