2014 Greenwood Pl SW UNIT 2014HuntsvilleAL35802
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 2014 Greenwood Pl SW UNIT 2014, Huntsville, AL, 35802 in Huntsville at $145,000 earns $1,168/mo in rent and nets $193/mo after the $652/mo payment, a 9.66% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $40,061 over five years. Ziffy Mortgage underwrites this on a 1.79 DSCR without U.S. credit history. With $1,335/yr in principal paydown, total projected return reaches $67,810.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 6.1% |
| Monthly Cash Flow | $193 | $420 |
City averages based on Huntsville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,168 |
| Total Monthly Debt Service | $917 |
| DSCR Ratio | 1.27x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1982
N/A lot
$N/A/sqft
$156 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
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
Condo
Built in 1982
N/A lot
$N/A/sqft
$156 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