3005 Patton Rd SWHuntsvilleAL35805
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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 3005 Patton Rd SW, Huntsville, AL, 35805 uses $54,698 cash to close to unlock $1,479/yr annual cash flow and $123/mo monthly cash flow. Total monthly income runs $1,055/mo, and a $808/mo payment keeps the spread at $123/mo. Purchase price stands at $165,000, and rental yield measures 7.67% with $1,055/mo rent. Return on cash invested shows 22.61% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 116.71% and total cumulative return in cash records $63,839. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,055/mo property income covering a $808/mo payment rather than investor’s personal income.
Multi Family
Built in 1959
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35805, Huntsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,693 (100%) |
| Owner Occupied HU | 2,909 (22.9%) |
| Renter Occupied HU | 8,011 (63.1%) |
| Vacant Housing Units | 1,773 (14.0%) |
| Median Home Value | $108,828 |
| Average Home Value | $204,304 |
Housing Distribution
Address Breakdown
Residential
10,290
Single Family
8,680
Multi-Family
1,610
Businesses
1,181
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Listed by: Lorena Berghezan • Keller Williams Realty Madison
Mls Name: ValleyMLS
Mls ID: #21906817