408 Mastin Lake Way NWHuntsvilleAL35811
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Nearby investment properties with comparable prices
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 408 Mastin Lake Way NW, Huntsville, AL, 35811 with 5% annual appreciation on a $110,000 basis while $873/mo rent supports operations. Total monthly income totals $873/mo and a $538/mo payment preserves $244/mo for cash returns. Annual cash flow comes to $2,929/yr on $36,465 deployed, and return on cash invested reaches 27.94% in year one. Equity gained on principal adds $710/yr, and five-year appreciation sums $30,391 alongside rental yield of 9.52%. Five-year ROI measures 145.45% and total cumulative return in cash totals $53,040.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $873/mo property income versus a $538/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1945
N/A lot
$N/A/sqft
No 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: Drew Westrope • Weichert Realtors-The Sp Plce
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21859159
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