2610 Holmes Ave NWHuntsvilleAL35816
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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 2610 Holmes Ave NW, Huntsville, AL, 35816 offers a 9.79% rental yield on a $230,200 purchase with $1,878/mo rent. Total monthly income registers $1,878/mo, and a $1,127/mo payment leaves $531/mo available for distribution. Annual cash flow reaches $6,374/yr on $76,311 to close, and return on cash invested stands at 28.26% in year one. Equity gained on principal adds $1,485/yr while 5% annual appreciation supports $63,600 over five years. Portfolio math shows five-year ROI at 147.25% and total cumulative return in cash at $112,365. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,878/mo property income against a $1,127/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35816, Huntsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,862 (100%) |
| Owner Occupied HU | 1,489 (18.9%) |
| Renter Occupied HU | 5,289 (67.3%) |
| Vacant Housing Units | 1,084 (13.8%) |
| Median Home Value | $155,438 |
| Average Home Value | $269,485 |
Housing Distribution
Address Breakdown
Residential
7,166
Single Family
4,324
Multi-Family
2,842
Businesses
784
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