2602 Waltham Dr NEHuntsvilleAL35811
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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 2602 Waltham Dr NE, Huntsville, AL, 35811 offers a 10.76% rental yield on a $160,000 purchase with $1,435/mo rent. Total monthly income registers $1,435/mo, and a $783/mo payment leaves $532/mo available for distribution. Annual cash flow reaches $6,384/yr on $53,040 to close, and return on cash invested stands at 31.95% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,205 over five years. Portfolio math shows five-year ROI at 166.65% and total cumulative return in cash at $88,394. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,435/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35811, Huntsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,612 (100%) |
| Owner Occupied HU | 9,721 (66.5%) |
| Renter Occupied HU | 2,936 (20.1%) |
| Vacant Housing Units | 1,955 (13.4%) |
| Median Home Value | $303,251 |
| Average Home Value | $349,207 |
Housing Distribution
Address Breakdown
Residential
13,305
Single Family
13,153
Multi-Family
152
Businesses
652
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Listed by: Haley Charlton • Crue Realty
Mls Name: ValleyMLS
Mls ID: #21902112