1216 Stevens Ave NEHuntsvilleAL35801
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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 1216 Stevens Ave NE, Huntsville, AL, 35801 uses $62,654 cash to close to unlock $9,327/yr annual cash flow and $777/mo monthly cash flow. Total monthly income runs $1,844/mo, and a $925/mo payment keeps the spread at $777/mo. Purchase price stands at $189,000, and rental yield measures 11.71% with $1,844/mo rent. Return on cash invested shows 34.8% in year one, and 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 182.01% and total cumulative return in cash records $114,034. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,844/mo property income covering a $925/mo payment rather than investor’s personal income.
Single Family
Built in 1940
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35801, Huntsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,461 (100%) |
| Owner Occupied HU | 6,732 (54.0%) |
| Renter Occupied HU | 4,824 (38.7%) |
| Vacant Housing Units | 905 ( 7.3%) |
| Median Home Value | $462,792 |
| Average Home Value | $540,252 |
Housing Distribution
Address Breakdown
Residential
11,234
Single Family
10,105
Multi-Family
1,129
Businesses
2,488
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Listed by: Lauren Downey • Down Home Real Estate
Mls Name: ValleyMLS
Mls ID: #21901839