770 Chalet PlHumboldtTN38343
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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 770 Chalet Pl, Humboldt, TN, 38343 priced at $600,000 converts $5,413/mo rent into $1,821/mo cash flow after a $2,937/mo obligation. Total monthly income equals $5,413/mo, and annual cash flow totals $21,852/yr on $197,400 invested. Return on cash invested prints 31.13% in year one, and rental yield reads 10.83% against a $600,000 entry. Equity gained on principal adds $3,872/yr, while 5% annual appreciation compiles into $165,769 by year five. Five-year ROI reaches 162.71% and total cumulative return in cash sums $321,180. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,413/mo property income covering a $2,937/mo payment, not borrower’s personal income.
Single Family
Built in 1977
1.03 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: Joan P. Smith • Heritage Real Estate, Inc
Mls Name: CWTAR
Mls Provider:
Mls ID: #2501726
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