1506 Barrington Rd NWHuntsvilleAL35816
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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
Total monthly income runs $1,231/mo, and a $1,908/mo payment. Purchase price stands at $389,900, and rental yield measures 3.79% with $1,231/mo rent. Return on cash invested shows 10.91% in year one, and 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 53.88% and total cumulative return in cash records $69,637. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,231/mo property income covering a $1,908/mo payment rather than investor’s personal income.
Multi Family
Built in 1984
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35816, Huntsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,862 (100%) |
| Owner Occupied HU | 1,489 (18.9%) |
| Renter Occupied HU | 5,289 (67.3%) |
| Vacant Housing Units | 1,084 (13.8%) |
| Median Home Value | $155,438 |
| Average Home Value | $269,485 |
Housing Distribution
Address Breakdown
Residential
7,166
Single Family
4,324
Multi-Family
2,842
Businesses
784
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Listed by: David Frederick • David Frederick Realty
Mls Name: ValleyMLS
Mls ID: #21896793