345 Ruby Elm Ave NEHuntsvilleAL35810
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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 345 Ruby Elm Ave NE, Huntsville, AL, 35810 offers $1,674/mo rent that, after a $1,387/mo payment, leaves $74/mo cash flow. Total monthly income is $1,674/mo, and annual cash flow is $893/yr on $93,947 cash. Return on cash invested measures 20.86% in year one, and rental yield stands at 7.09% at a $283,400 entry. Equity gained on principal adds $1,829/yr while 5% annual appreciation compounds into $78,298 by year five. Five-year ROI records 107.25% and total cumulative return in cash reaches $100,760. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,674/mo property income versus a $1,387/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
7,975 sqft 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: Abel Genao • DHI Realty
Mls Name: ValleyMLS
Mls ID: #21908512