508 Carrsbrook Rd SEHuntsvilleAL35803
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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 508 Carrsbrook Rd SE, Huntsville, AL, 35803 with 5% annual appreciation on a $300,000 basis while $2,040/mo rent supports operations. Total monthly income totals $2,040/mo and a $1,468/mo payment preserves $347/mo for cash returns. Annual cash flow comes to $4,164/yr on $99,450 deployed, and return on cash invested reaches 24.1% in year one. Equity gained on principal adds $1,936/yr, and five-year appreciation sums $82,884 alongside rental yield of 8.16%. Five-year ROI measures 124.56% and total cumulative return in cash totals $123,876.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,040/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1988
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35803, Huntsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,171 (100%) |
| Owner Occupied HU | 10,027 (76.1%) |
| Renter Occupied HU | 2,367 (18.0%) |
| Vacant Housing Units | 777 ( 5.9%) |
| Median Home Value | $326,837 |
| Average Home Value | $368,110 |
Housing Distribution
Address Breakdown
Residential
13,302
Single Family
12,541
Multi-Family
761
Businesses
409
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Listed by: Casey Cole • Weichert Realtors-The Sp Plce
Mls Name: ValleyMLS
Mls ID: #21905165