290 State Route 420HumboldtTN38343
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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 290 State Route 420, Humboldt, TN, 38343 generates $2,012/mo in rent and, after a $1,542/mo payment, leaves $126/mo in cash flow. Total monthly income is $2,012/mo, and annual cash flow is $1,513/yr on $104,423 invested. Return on cash invested sits at 21.36% in year one, and rental yield is 7.66% on a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 110.38% and total cumulative return in cash sums $115,265. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,012/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
1 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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