87 Garden Gate 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
Rental property for sale in Humboldt at 87 Garden Gate Dr, Humboldt, TN, 38343 offers $2,160/mo rent that, after a $1,208/mo payment, leaves $682/mo cash flow. Total monthly income is $2,160/mo, and annual cash flow is $8,190/yr on $81,847 cash. Return on cash invested measures 29.91% in year one, and rental yield stands at 10.5% at a $246,900 entry. Equity gained on principal adds $1,593/yr while 5% annual appreciation compounds into $68,214 by year five. Five-year ROI records 156.27% and total cumulative return in cash reaches $127,905. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,160/mo property income versus a $1,208/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
0.48 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: Non Member • NON MEMBER
Mls Name: CWTAR
Mls Provider:
Mls ID: #2503779
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