345 Turner Loop RdHumboldtTN38343
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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 345 Turner Loop Rd, Humboldt, TN, 38343 generates $2,363/mo in rent and, after a $1,708/mo payment, leaves $274/mo in cash flow. Total monthly income is $2,363/mo, and annual cash flow is $3,288/yr on $115,694 invested. Return on cash invested sits at 22.75% in year one, and rental yield is 8.12% on a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 117.86% and total cumulative return in cash sums $136,356. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,363/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
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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Listed by: Lauren Hyde Wiggins • Porchlight Realty West TN
Mls Name: CWTAR
Mls Provider:
Mls ID: #2501037
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