3006 Merry Oaks Dr NWHuntsvilleAL35811
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3006 Merry Oaks Dr NW, Huntsville, AL, 35811 earns $357/mo cash flow from $1,311/mo rent with a $827/mo payment. Total monthly income totals $1,311/mo, and annual cash flow totals $4,287/yr on $56,024 capital. ROI tracks 27.56% on current figures, and rental yield reads 9.31% at a $169,000 purchase. Equity gained on principal adds $1,091/yr, and 5% annual appreciation supports $46,692 over five years. Five-year ROI reaches 143.22% and total cumulative return in cash sums $80,239. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,311/mo property income instead of your personal income.
Single Family
Built in 1960
8,712 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ken Roper • Siven Realty
Mls Name: ValleyMLS
Mls ID: #21905877