217 Shadow Cove Dr SWHuntsvilleAL35824
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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
Rental property for sale in Huntsville at 217 Shadow Cove Dr SW, Huntsville, AL, 35824 generates $2,179/mo in rent and, after a $1,454/mo payment, leaves $502/mo in cash flow. Total monthly income is $2,179/mo, and annual cash flow is $6,027/yr on $98,455 invested. Return on cash invested sits at 26.03% in year one, and rental yield is 8.8% on a $296,999 entry. Equity gained on principal adds $1,916/yr, while 5% annual appreciation builds toward $82,055 over five years. Five-year ROI reaches 134.98% and total cumulative return in cash sums $132,894. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,179/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35824, Huntsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,130 (100%) |
| Owner Occupied HU | 2,663 (51.9%) |
| Renter Occupied HU | 2,089 (40.7%) |
| Vacant Housing Units | 378 ( 7.4%) |
| Median Home Value | $429,365 |
| Average Home Value | $460,209 |
Housing Distribution
Address Breakdown
Residential
5,103
Single Family
3,444
Multi-Family
1,659
Businesses
215
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Listed by: Sandra Lowrey • Re/Max Distinctive
Mls Name: ValleyMLS
Mls ID: #21898303