2900 E Mitchell 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
Investment property for sale in Humboldt at 2900 E Mitchell St, Humboldt, TN, 38343 with 5% annual appreciation on a $139,500 basis while $1,320/mo rent supports operations. Total monthly income totals $1,320/mo and a $683/mo payment preserves $485/mo for cash returns. Annual cash flow comes to $5,817/yr on $46,244 deployed, and return on cash invested reaches 32.49% in year one. Equity gained on principal adds $900/yr, and five-year appreciation sums $38,541 alongside rental yield of 11.35%. Five-year ROI measures 170.07% and total cumulative return in cash totals $78,645.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,320/mo property income versus a $683/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1947
8,640 sqft 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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