2009 Colony Dr SW UNIT DHuntsvilleAL35802
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2009 Colony Dr SW UNIT D, Huntsville, AL, 35802 with 5% annual appreciation on a $139,500 basis while $1,246/mo rent supports operations. Total monthly income totals $1,246/mo and a $683/mo payment preserves $283/mo for cash returns. Annual cash flow comes to $3,400/yr on $46,244 deployed, and return on cash invested reaches 27.26% in year one. Equity gained on principal adds $900/yr, and five-year appreciation sums $38,541 alongside rental yield of 10.72%. Five-year ROI measures 143.29% and total cumulative return in cash totals $66,261.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,246/mo property income versus a $683/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1987
N/A lot
$N/A/sqft
$175 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shima Harris • Chanda Davis Real Estate
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21864399
Disclaimer: Properties marked with this icon are provided courtesy of the Valley MLS IDX Database. Some or all of the listings displayed may not belong to the firm whose website is being visited. All information provided is deemed reliable but is not guaranteed and should be independently verified. Copyright 2024 Valley MLS