6 September LnHuntsvilleAL35824
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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 6 September Ln, Huntsville, AL, 35824 priced at $689,000 converts $2,386/mo rent into after a $3,372/mo obligation. Total monthly income equals $2,386/mo. Return on cash invested prints 12.11% in year one, and rental yield reads 4.16% against a $689,000 entry. Equity gained on principal adds $4,446/yr, while 5% annual appreciation compiles into $190,358 by year five. Five-year ROI reaches 60.25% and total cumulative return in cash sums $136,578. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,386/mo property income covering a $3,372/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.42 Acres 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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Listed by: Shanay Lewis • Norluxe Realty Huntsville
Mls Name: ValleyMLS
Mls ID: #21902247