606 Schiffman St NEHuntsvilleAL35801
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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 606 Schiffman St NE, Huntsville, AL, 35801 earns $563/mo cash flow from $1,409/mo rent with a $734/mo payment. Total monthly income totals $1,409/mo, and annual cash flow totals $6,750/yr on $49,725 capital. ROI tracks 33.48% on current figures, and rental yield reads 11.27% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 174.95% and total cumulative return in cash sums $86,994. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,409/mo property income instead of your personal income.
Single Family
Built in N/A
2,840 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: Elizabeth Foster • Legend Realty
Mls Name: ValleyMLS
Mls ID: #21905069