15016 Leafmore Dr SEHuntsvilleAL35803
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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
Rental property for sale in Huntsville at 15016 Leafmore Dr SE, Huntsville, AL, 35803 generates $1,338/mo in rent and, after a $979/mo payment, leaves $209/mo in cash flow. Total monthly income is $1,338/mo, and annual cash flow is $2,508/yr on $66,300 invested. Return on cash invested sits at 23.69% in year one, and rental yield is 8.03% on a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 122.38% and total cumulative return in cash sums $81,140. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,338/mo property income rather than buyer’s personal income.
Single Family
Built in 1991
0.33 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
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Listed by: Daniel Culps • Fowler Auction & Real Estate Service, Inc.
Mls Name: My State MLS
Mls ID: #11618943