3 Candle StHuntsvilleAL35824
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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 3 Candle St, Huntsville, AL, 35824 generates $2,386/mo in rent, after a $2,740/mo payment. Total monthly income is $2,386/mo. Return on cash invested sits at 15.02% in year one, and rental yield is 5.11% on a $559,900 entry. Equity gained on principal adds $3,613/yr, while 5% annual appreciation builds toward $154,690 over five years. Five-year ROI reaches 75.89% and total cumulative return in cash sums $139,786. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,386/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
0.34 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: Jennifer Owens • ERA King RE - Northeast AL
Mls Name: ValleyMLS
Mls ID: #21898293