116 Ranna DrHuntsvilleAL35811
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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 116 Ranna Dr, Huntsville, AL, 35811 offers a 7.69% rental yield on a $431,800 purchase with $2,766/mo rent. Total monthly income registers $2,766/mo, and a $2,113/mo payment leaves $329/mo available for distribution. Annual cash flow reaches $3,950/yr on $143,142 to close, and return on cash invested stands at 22.67% in year one. Equity gained on principal adds $2,786/yr while 5% annual appreciation supports $119,298 over five years. Portfolio math shows five-year ROI at 116.95% and total cumulative return in cash at $167,404. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,766/mo property income against a $2,113/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35811, Huntsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,612 (100%) |
| Owner Occupied HU | 9,721 (66.5%) |
| Renter Occupied HU | 2,936 (20.1%) |
| Vacant Housing Units | 1,955 (13.4%) |
| Median Home Value | $303,251 |
| Average Home Value | $349,207 |
Housing Distribution
Address Breakdown
Residential
13,305
Single Family
13,153
Multi-Family
152
Businesses
652
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Listed by: N/A • N/A
Mls Name: Legacy Homes Alabama
Mls Provider:
Mls ID: #N/A