1607 Wells Ave SEHuntsvilleAL35801
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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 1607 Wells Ave SE, Huntsville, AL, 35801 generates $1,408/mo in rent, after a $1,370/mo payment. Total monthly income is $1,408/mo. Return on cash invested sits at 16.72% in year one, and rental yield is 6.03% on a $280,000 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 85.4% and total cumulative return in cash sums $79,269. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,408/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
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: Nathan Worthan • Leading Edge R.E. Group-Mad.
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21873854
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