1711 Laverne Dr 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
Investment property for sale in Huntsville at 1711 Laverne Dr NW, Huntsville, AL, 35816 uses $64,643 cash to close to unlock $8,325/yr annual cash flow and $694/mo monthly cash flow. Total monthly income runs $1,794/mo, and a $954/mo payment keeps the spread at $694/mo. Purchase price stands at $195,000, and rental yield measures 11.04% with $1,794/mo rent. Return on cash invested shows 32.79% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 171.21% and total cumulative return in cash records $110,674. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,794/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 1961
0.42 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: Marsha Buxton • KW Huntsville Keller Williams
Mls Name: ValleyMLS
Mls ID: #21905727