310 Drake Ave SWHuntsvilleAL35801
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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 310 Drake Ave SW, Huntsville, AL, 35801 uses $102,765 cash to close to unlock $5,790/yr annual cash flow and $483/mo monthly cash flow. Total monthly income runs $2,232/mo, and a $1,517/mo payment keeps the spread at $483/mo. Purchase price stands at $310,000, and rental yield measures 8.64% with $2,232/mo rent. Return on cash invested shows 25.54% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 132.36% and total cumulative return in cash records $136,015. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,232/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.33 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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