2005 Reaches Pl SWHuntsvilleAL35802
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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 2005 Reaches Pl SW, Huntsville, AL, 35802 earns $361/mo cash flow from $1,229/mo rent with a $753/mo payment. Total monthly income totals $1,229/mo, and annual cash flow totals $4,327/yr on $51,018 capital. ROI tracks 28.39% on current figures, and rental yield reads 9.58% at a $153,900 purchase. Equity gained on principal adds $993/yr, and 5% annual appreciation supports $42,520 over five years. Five-year ROI reaches 147.65% and total cumulative return in cash sums $75,330. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,229/mo property income instead of your personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35802, Huntsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,118 (100%) |
| Owner Occupied HU | 6,122 (50.5%) |
| Renter Occupied HU | 4,992 (41.2%) |
| Vacant Housing Units | 1,004 ( 8.3%) |
| Median Home Value | $370,762 |
| Average Home Value | $444,729 |
Housing Distribution
Address Breakdown
Residential
11,568
Single Family
8,142
Multi-Family
3,426
Businesses
680
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Listed by: Lynn Burbach • Keller Williams Realty
Mls Name: ValleyMLS
Mls ID: #21894352