1504 Humes Ave NEHuntsvilleAL35801
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
Investment Highlights
Rental property for sale in Huntsville at 1504 Humes Ave NE, Huntsville, AL, 35801 generates $2,220/mo in rent and, after a $1,733/mo payment, leaves $222/mo in cash flow. Total monthly income is $2,220/mo, and annual cash flow is $2,658/yr on $117,351 invested. Return on cash invested sits at 22.17% in year one, and rental yield is 7.53% on a $354,000 entry. Equity gained on principal adds $2,284/yr, while 5% annual appreciation builds toward $97,804 over five years. Five-year ROI reaches 114.29% and total cumulative return in cash sums $134,122. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,220/mo property income rather than buyer’s personal income.
Single Family
Built in 1945
0.29 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Becky Fentress • Fentress Real Estate
Mls Name: ValleyMLS
Mls ID: #21904403