506 Greenacres Dr NWHuntsvilleAL35805
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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 506 Greenacres Dr NW, Huntsville, AL, 35805 priced at $195,000 converts $1,513/mo rent into $413/mo cash flow after a $954/mo obligation. Total monthly income equals $1,513/mo, and annual cash flow totals $4,953/yr on $64,643 invested. Return on cash invested prints 27.57% in year one, and rental yield reads 9.31% against a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation compiles into $53,875 by year five. Five-year ROI reaches 143.22% and total cumulative return in cash sums $92,578. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,513/mo property income covering a $954/mo payment, not borrower’s personal income.
Single Family
Built in 1958
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35805, Huntsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,693 (100%) |
| Owner Occupied HU | 2,909 (22.9%) |
| Renter Occupied HU | 8,011 (63.1%) |
| Vacant Housing Units | 1,773 (14.0%) |
| Median Home Value | $108,828 |
| Average Home Value | $204,304 |
Housing Distribution
Address Breakdown
Residential
10,290
Single Family
8,680
Multi-Family
1,610
Businesses
1,181
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Listed by: Kynan Donovan • A.H. Sothebys Int. Realty
Mls Name: ValleyMLS
Mls ID: #21897233