1512 Humes 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 1512 Humes Ave NE, Huntsville, AL, 35801 offers a 7.61% rental yield on a $310,000 purchase with $1,967/mo rent. Total monthly income registers $1,967/mo, and a $1,517/mo payment leaves $218/mo available for distribution. Annual cash flow reaches $2,610/yr on $102,765 to close, and return on cash invested stands at 22.45% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,647 over five years. Portfolio math shows five-year ROI at 115.76% and total cumulative return in cash at $118,963. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,967/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
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: Isaac Winkles • CRYE-LEIKE REALTORS - Hsv
Mls Name: ValleyMLS
Mls ID: #21894763