303 Ormond Cir SEHuntsvilleAL35801
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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 303 Ormond Cir SE, Huntsville, AL, 35801 offers a 5.98% rental yield on a $865,000 purchase with $4,307/mo rent. 63% in year one. Equity gained on principal adds $5,582/yr while 5% annual appreciation supports $238,984 over five years. Portfolio math shows five-year ROI at 89.89% and total cumulative return in cash at $255,807. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,307/mo property income against a $4,234/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35801, Huntsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,461 (100%) |
| Owner Occupied HU | 6,732 (54.0%) |
| Renter Occupied HU | 4,824 (38.7%) |
| Vacant Housing Units | 905 ( 7.3%) |
| Median Home Value | $462,792 |
| Average Home Value | $540,252 |
Housing Distribution
Address Breakdown
Residential
11,234
Single Family
10,105
Multi-Family
1,129
Businesses
2,488
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Listed by: Elizabeth Foster • Legend Realty
Mls Name: ValleyMLS
Mls ID: #21903695