2012 Lance Rd NWHuntsvilleAL35810
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 2012 Lance Rd NW, Huntsville, AL, 35810 offers a 8.62% rental yield on a $195,000 purchase with $1,400/mo rent. Total monthly income registers $1,400/mo, and a $954/mo payment leaves $300/mo available for distribution. Annual cash flow reaches $3,597/yr on $64,643 to close, and return on cash invested stands at 25.47% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,875 over five years. Portfolio math shows five-year ROI at 131.98% and total cumulative return in cash at $85,318. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,400/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35810, Huntsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,650 (100%) |
| Owner Occupied HU | 7,205 (57.0%) |
| Renter Occupied HU | 4,421 (34.9%) |
| Vacant Housing Units | 1,024 ( 8.1%) |
| Median Home Value | $163,913 |
| Average Home Value | $245,813 |
Housing Distribution
Address Breakdown
Residential
12,609
Single Family
11,897
Multi-Family
712
Businesses
736
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cynthia Joiner • KW Huntsville Keller Williams
Mls Name: ValleyMLS
Mls ID: #21896839