116 Bourbon AlyHuntsvilleAL35824
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 116 Bourbon Aly, Huntsville, AL, 35824 in Huntsville. At $314,000 it earns $2,399/mo in rent and distributes $626/mo to the owner after the $1,412/mo payment, a consistent 9.17% yield. DSCR 1.70 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $86,752 in value; $2,892/yr in principal paydown compounds ownership stake. Total projected return: $158,669.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.1% |
| Monthly Cash Flow | $626 | $420 |
City averages based on Huntsville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,399 |
| Total Monthly Debt Service | $1,647 |
| DSCR Ratio | 1.46x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35824, Huntsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,130 (100%) |
| Owner Occupied HU | 2,663 (51.9%) |
| Renter Occupied HU | 2,089 (40.7%) |
| Vacant Housing Units | 378 ( 7.4%) |
| Median Home Value | $429,365 |
| Average Home Value | $460,209 |
Housing Distribution
Address Breakdown
Residential
5,103
Single Family
3,444
Multi-Family
1,659
Businesses
215
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
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35824, Huntsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,130 (100%) |
| Owner Occupied HU | 2,663 (51.9%) |
| Renter Occupied HU | 2,089 (40.7%) |
| Vacant Housing Units | 378 ( 7.4%) |
| Median Home Value | $429,365 |
| Average Home Value | $460,209 |
Housing Distribution
Address Breakdown
Residential
5,103
Single Family
3,444
Multi-Family
1,659
Businesses
215
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A