402 Tillane Park Cir SWHuntsvilleAL35824
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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 402 Tillane Park Cir SW, Huntsville, AL, 35824 uses $116,025 cash to close to unlock $2,934/yr annual cash flow and $245/mo monthly cash flow. Total monthly income runs $2,220/mo, and a $1,713/mo payment keeps the spread at $245/mo. Purchase price stands at $350,000, and rental yield measures 7.61% with $2,220/mo rent. Return on cash invested shows 22.44% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 115.7% and total cumulative return in cash records $134,246. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,220/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Townhouse
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35824, Huntsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,130 (100%) |
| Owner Occupied HU | 2,663 (51.9%) |
| Renter Occupied HU | 2,089 (40.7%) |
| Vacant Housing Units | 378 ( 7.4%) |
| Median Home Value | $429,365 |
| Average Home Value | $460,209 |
Housing Distribution
Address Breakdown
Residential
5,103
Single Family
3,444
Multi-Family
1,659
Businesses
215
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Listed by: Whitney Stringer • RE/MAX Unlimited
Mls Name: ValleyMLS
Mls ID: #21900082