1002 Parcus Rd SEHuntsvilleAL35803
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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 Huntsville at 1002 Parcus Rd SE, Huntsville, AL, 35803 offers a 8.42% rental yield on a $220,000 purchase with $1,544/mo rent. Total monthly income registers $1,544/mo, and a $1,077/mo payment leaves $302/mo available for distribution. Annual cash flow reaches $3,624/yr on $72,930 to close, and return on cash invested stands at 24.88% in year one. Equity gained on principal adds $1,420/yr while 5% annual appreciation supports $60,782 over five years. Portfolio math shows five-year ROI at 128.77% and total cumulative return in cash at $93,911. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,544/mo property income against a $1,077/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35803, Huntsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,171 (100%) |
| Owner Occupied HU | 10,027 (76.1%) |
| Renter Occupied HU | 2,367 (18.0%) |
| Vacant Housing Units | 777 ( 5.9%) |
| Median Home Value | $326,837 |
| Average Home Value | $368,110 |
Housing Distribution
Address Breakdown
Residential
13,302
Single Family
12,541
Multi-Family
761
Businesses
409
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Listed by: Kyle Starnes • Keller Williams Realty Madison
Mls Name: ValleyMLS
Mls ID: #21903188