353 Mertle Dr 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
Investment property for sale in Huntsville at 353 Mertle Dr NE, Huntsville, AL, 35810 listed at $227,000 pairs $1,880/mo rent with a $1,111/mo payment to leave $583/mo cash flow. Total monthly income runs $1,880/mo, and annual cash flow reaches $6,991/yr on $75,251 cash to close. Return on cash invested measures 29.2% in year one, and rental yield registers 9.94% at a $227,000 basis. Equity gained on principal adds $1,465/yr, and annual property appreciation at 5% supports $62,716 by year five. Five-year ROI tracks 152.05% and total cumulative return in cash totals $114,421. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,880/mo property income relative to a $1,111/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2010
N/A lot
$N/A/sqft
$8 monthly 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: N/A • N/A
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