2043 Woodlawn Dr SW Unit 2043HuntsvilleAL35802
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.57% yield at 2043 Woodlawn Dr SW Unit 2043, Huntsville, AL, 35802 in Huntsville is solid, but the $584/mo payment compresses net cash flow to $13/mo at $129,900. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $35,889 by year five, and $1,196/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.77) without U.S. income documentation. Total projected return: $68,468.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.1% |
| Monthly Cash Flow | $13 | $420 |
City averages based on Huntsville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,036 |
| Total Monthly Debt Service | $682 |
| DSCR Ratio | 1.52x |
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
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: ValleyMLS
Mls ID: #21912219