1311 Aldridge Dr SEHuntsvilleAL35803
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors who value predictability will appreciate 1311 Aldridge Dr SE, Huntsville, AL, 35803 in Huntsville. At $449,500 it earns $2,785/mo in rent and distributes $248/mo to the owner after the $2,021/mo payment, a consistent 7.44% yield. DSCR 1.38 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $124,189 in value; $4,140/yr in principal paydown compounds ownership stake. Total projected return: $185,332.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 6.1% |
| Monthly Cash Flow | $248 | $420 |
City averages based on Huntsville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,785 |
| Total Monthly Debt Service | $2,358 |
| DSCR Ratio | 1.18x |
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.
Single Family
Built in 1981
0.71 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
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
Single Family
Built in 1981
0.71 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rebecca Lowrey • Re/Max Distinctive
Mls Name: ValleyMLS
Mls ID: #21897081