1155 Old Monrovia Rd NW APT 8BHuntsvilleAL35806
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1155 Old Monrovia Rd NW APT 8B, Huntsville, AL, 35806 offers a 11.82% rental yield on a $150,000 purchase with $1,477/mo rent. Total monthly income registers $1,477/mo, and a $734/mo payment leaves $631/mo available for distribution. Annual cash flow reaches $7,566/yr on $49,725 to close, and return on cash invested stands at 35.12% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 183.78% and total cumulative return in cash at $91,386. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,477/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35806, Huntsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,556 (100%) |
| Owner Occupied HU | 5,970 (34.0%) |
| Renter Occupied HU | 9,071 (51.7%) |
| Vacant Housing Units | 2,515 (14.3%) |
| Median Home Value | $355,774 |
| Average Home Value | $387,949 |
Housing Distribution
Address Breakdown
Residential
15,874
Single Family
10,019
Multi-Family
5,855
Businesses
1,425
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melinda Tsang • ACCESS Premiere Properties
Mls Name: ValleyMLS
Mls ID: #21899115