623 Forest 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 623 Forest Dr, Humboldt, TN, 38343 earns $668/mo cash flow from $2,134/mo rent with a $1,199/mo payment. Total monthly income totals $2,134/mo, and annual cash flow totals $8,012/yr on $81,184 capital. ROI tracks 29.78% on current figures, and rental yield reads 10.46% at a $244,900 purchase. Equity gained on principal adds $1,580/yr, and 5% annual appreciation supports $67,661 over five years. Five-year ROI reaches 155.52% and total cumulative return in cash sums $126,257. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,134/mo property income instead of your personal income.
Single Family
Built in 1987
0.66 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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