350 Westside DrHumboldtTN38343
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 350 Westside Dr, Humboldt, TN, 38343 uses $39,780 cash to close to unlock $8,520/yr annual cash flow and $710/mo monthly cash flow. Total monthly income runs $1,428/mo, and a $587/mo payment keeps the spread at $710/mo. Purchase price stands at $120,000, and rental yield measures 14.28% with $1,428/mo rent. Return on cash invested shows 41.33% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 217.42% and total cumulative return in cash records $86,491. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,428/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1990
8,276 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brad D Lindsey • Hickman Realty Group, Inc.-Hum
Mls Name: CWTAR
Mls Provider:
Mls ID: #2501405
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.