604 Hillside DrHumboldtTN38343
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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 604 Hillside Dr, Humboldt, TN, 38343 uses $52,377 cash to close to unlock $7,302/yr annual cash flow and $609/mo monthly cash flow. Total monthly income runs $1,554/mo, and a $773/mo payment keeps the spread at $609/mo. Purchase price stands at $158,000, and rental yield measures 11.8% with $1,554/mo rent. Return on cash invested shows 33.85% in year one, and 5% annual appreciation builds toward $43,652 over five years. Five-year ROI reaches 177.37% and total cumulative return in cash records $92,902. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,554/mo property income covering a $773/mo payment rather than investor’s personal income.
Single Family
Built in 1949
0.52 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: Lendell Shane Lynch • Heritage Real Estate, Inc
Mls Name: CWTAR
Mls Provider:
Mls ID: #2503041
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