2511 Slate Dr SWHuntsvilleAL35803
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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 2511 Slate Dr SW, Huntsville, AL, 35803 earns $262/mo cash flow from $2,040/mo rent with a $1,542/mo payment. Total monthly income totals $2,040/mo, and annual cash flow totals $3,141/yr on $104,423 capital. ROI tracks 22.92% on current figures, and rental yield reads 7.77% at a $315,000 purchase. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 over five years. Five-year ROI reaches 118.26% and total cumulative return in cash sums $123,485. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,040/mo property income instead of your personal income.
Single Family
Built in 2007
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35803, Huntsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,171 (100%) |
| Owner Occupied HU | 10,027 (76.1%) |
| Renter Occupied HU | 2,367 (18.0%) |
| Vacant Housing Units | 777 ( 5.9%) |
| Median Home Value | $326,837 |
| Average Home Value | $368,110 |
Housing Distribution
Address Breakdown
Residential
13,302
Single Family
12,541
Multi-Family
761
Businesses
409
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Listed by: Allie Wright • A.H. Sothebys Int. Realty
Mls Name: ValleyMLS
Mls ID: #21905227