418 Terrace DrHuntsvilleAL35824
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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 418 Terrace Dr, Huntsville, AL, 35824 offers a 7.48% rental yield on a $594,100 purchase with $3,704/mo rent. Total monthly income registers $3,704/mo, and a $2,908/mo payment leaves $284/mo available for distribution. Annual cash flow reaches $3,403/yr on $195,459 to close, and return on cash invested stands at 21.8% in year one. Equity gained on principal adds $3,834/yr while 5% annual appreciation supports $164,139 over five years. Portfolio math shows five-year ROI at 112.39% and total cumulative return in cash at $219,679. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,704/mo property income against a $2,908/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in 2021
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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