2040 Woodlawn Dr 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 2040 Woodlawn Dr SW, Huntsville, AL, 35802 uses $49,394 cash to close to unlock $2,403/yr annual cash flow and $200/mo monthly cash flow. Total monthly income runs $1,041/mo, and a $729/mo payment keeps the spread at $200/mo. Purchase price stands at $149,000, and rental yield measures 8.38% with $1,041/mo rent. Return on cash invested shows 24.77% in year one, and 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 128.28% and total cumulative return in cash records $63,364. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,041/mo property income covering a $729/mo payment rather than investor’s personal income.
Condo
Built in 1982
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: Wendy Patterson • Main Street Realty Plus, LLC
Mls Name: ValleyMLS
Mls ID: #21892292