310 Merrydale DrHuntsvilleAL35811
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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 310 Merrydale Dr, Huntsville, AL, 35811 priced at $536,035 pairs $3,083/mo rent with $19/mo cash flow after a $2,624/mo payment. Total monthly income equals $3,083/mo, and annual cash flow comes to $234/yr on $176,356 invested. Return on cash invested is 20.19% in year one, and rental yield stands at 6.9% on a $536,035 basis. Equity gained on principal adds $3,459/yr, and 5% annual appreciation accumulates to $148,097 by year five. Five-year ROI measures 103.72% and total cumulative return in cash reaches $182,909. For financing, Ziffy Mortgage’s DSCR program evaluates $3,083/mo property income against a $2,624/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
0.53 Acres lot
$N/A/sqft
$450 annually 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
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Listed by: Ronketi Gosberry • ASH-AL Realty LLC
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21856287
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