508 Schiffman StHuntsvilleAL35801
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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 Schiffman St, Huntsville, AL, 35801 earns from $2,520/mo rent with a $2,447/mo payment. Total monthly income totals $2,520/mo. ROI tracks 17.72% on current figures, and rental yield reads 6.05% at a $500,000 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,141 over five years. Five-year ROI reaches 90.39% and total cumulative return in cash sums $149,816. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,520/mo property income instead of your personal income.
Single Family
Built in 2024
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35801, Huntsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,461 (100%) |
| Owner Occupied HU | 6,732 (54.0%) |
| Renter Occupied HU | 4,824 (38.7%) |
| Vacant Housing Units | 905 ( 7.3%) |
| Median Home Value | $462,792 |
| Average Home Value | $540,252 |
Housing Distribution
Address Breakdown
Residential
11,234
Single Family
10,105
Multi-Family
1,129
Businesses
2,488
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Listed by: Susan Baldwin • Keller Williams Horizon
Mls Name: ValleyMLS
Mls ID: #21907530