1824 Oakwood Ave NEHuntsvilleAL35811
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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 1824 Oakwood Ave NE, Huntsville, AL, 35811 uses $71,273 cash to close to unlock $9,609/yr annual cash flow and $801/mo monthly cash flow. Total monthly income runs $2,014/mo, and a $1,052/mo payment keeps the spread at $801/mo. Purchase price stands at $215,000, and rental yield measures 11.24% with $2,014/mo rent. Return on cash invested shows 33.39% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 174.41% and total cumulative return in cash records $124,309. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,014/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in 1958
10,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35811, Huntsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,612 (100%) |
| Owner Occupied HU | 9,721 (66.5%) |
| Renter Occupied HU | 2,936 (20.1%) |
| Vacant Housing Units | 1,955 (13.4%) |
| Median Home Value | $303,251 |
| Average Home Value | $349,207 |
Housing Distribution
Address Breakdown
Residential
13,305
Single Family
13,153
Multi-Family
152
Businesses
652
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Listed by: Freddie Watson • North Alabama R. E. Group, LLC
Mls Name: ValleyMLS
Mls ID: #21902416