2024 1st St SWHuntsvilleAL35805
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 2024 1st St SW, Huntsville, AL, 35805 uses $72,897 cash to close to unlock $9,457/yr annual cash flow and $788/mo monthly cash flow. Total monthly income runs $2,029/mo, and a $1,076/mo payment keeps the spread at $788/mo. Purchase price stands at $219,900, and rental yield measures 11.07% with $2,029/mo rent. Return on cash invested shows 32.88% in year one, and 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 171.77% and total cumulative return in cash records $125,212. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,029/mo property income covering a $1,076/mo payment rather than investor’s personal income.
Single Family
Built in 1950
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35805, Huntsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,693 (100%) |
| Owner Occupied HU | 2,909 (22.9%) |
| Renter Occupied HU | 8,011 (63.1%) |
| Vacant Housing Units | 1,773 (14.0%) |
| Median Home Value | $108,828 |
| Average Home Value | $204,304 |
Housing Distribution
Address Breakdown
Residential
10,290
Single Family
8,680
Multi-Family
1,610
Businesses
1,181
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angela Mokhtari • Active Adult Properties Inc.
Mls Name: ValleyMLS
Mls ID: #21898876