2420 Redmont Rd NWHuntsvilleAL35810
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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 2420 Redmont Rd NW, Huntsville, AL, 35810 priced at $205,000 converts $1,931/mo rent into $774/mo cash flow after a $1,003/mo obligation. Total monthly income equals $1,931/mo, and annual cash flow totals $9,291/yr on $67,958 invested. Return on cash invested prints 33.58% in year one, and rental yield reads 11.3% against a $205,000 entry. Equity gained on principal adds $1,323/yr, while 5% annual appreciation compiles into $56,638 by year five. Five-year ROI reaches 175.51% and total cumulative return in cash sums $119,274. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,931/mo property income covering a $1,003/mo payment, not borrower’s personal income.
Single Family
Built in 1962
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35810, Huntsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,650 (100%) |
| Owner Occupied HU | 7,205 (57.0%) |
| Renter Occupied HU | 4,421 (34.9%) |
| Vacant Housing Units | 1,024 ( 8.1%) |
| Median Home Value | $163,913 |
| Average Home Value | $245,813 |
Housing Distribution
Address Breakdown
Residential
12,609
Single Family
11,897
Multi-Family
712
Businesses
736
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Listed by: Justin Demings • Moove Real Estate
Mls Name: ValleyMLS
Mls ID: #21872205