3129 Millbrook Dr NWHuntsvilleAL35810
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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 3129 Millbrook Dr NW, Huntsville, AL, 35810 generates $1,954/mo in rent and, after a $1,297/mo payment, leaves $458/mo in cash flow. Total monthly income is $1,954/mo, and annual cash flow is $5,499/yr on $87,848 invested. Return on cash invested sits at 26.17% in year one, and rental yield is 8.85% on a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 135.72% and total cumulative return in cash sums $119,223. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,954/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35810, Huntsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,650 (100%) |
| Owner Occupied HU | 7,205 (57.0%) |
| Renter Occupied HU | 4,421 (34.9%) |
| Vacant Housing Units | 1,024 ( 8.1%) |
| Median Home Value | $163,913 |
| Average Home Value | $245,813 |
Housing Distribution
Address Breakdown
Residential
12,609
Single Family
11,897
Multi-Family
712
Businesses
736
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Listed by: Cynthia Joiner • KW Huntsville Keller Williams
Mls Name: ValleyMLS
Mls ID: #21906563