2811 E Main StHumboldtTN38343
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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
Rental property for sale in Humboldt at 2811 E Main St, Humboldt, TN, 38343 priced at $715,000 converts $3,019/mo rent into after a $3,500/mo obligation. Total monthly income equals $3,019/mo. Return on cash invested prints 12.67% in year one, and rental yield reads 5.07% against a $715,000 entry. Equity gained on principal adds $4,614/yr, while 5% annual appreciation compiles into $197,541 by year five. Five-year ROI reaches 64.08% and total cumulative return in cash sums $150,729. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,019/mo property income covering a $3,500/mo payment, not borrower’s personal income.
Single Family
Built in 1939
1.65 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
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Listed by: Amy McLemore • Total Realty Source
Mls Name: CWTAR
Mls Provider:
Mls ID: #246679
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