609 Argyle Rd NWHuntsvilleAL35811
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 609 Argyle Rd NW, Huntsville, AL, 35811 priced at $168,000 converts $1,464/mo rent into $516/mo cash flow after a $822/mo obligation. Total monthly income equals $1,464/mo, and annual cash flow totals $6,192/yr on $55,692 invested. Return on cash invested prints 31.03% in year one, and rental yield reads 10.46% against a $168,000 entry. Equity gained on principal adds $1,084/yr, while 5% annual appreciation compiles into $46,415 by year five. Five-year ROI reaches 161.72% and total cumulative return in cash sums $90,065. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,464/mo property income covering a $822/mo payment, not borrower’s personal income.
Single Family
Built in 1960
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35811, Huntsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,612 (100%) |
| Owner Occupied HU | 9,721 (66.5%) |
| Renter Occupied HU | 2,936 (20.1%) |
| Vacant Housing Units | 1,955 (13.4%) |
| Median Home Value | $303,251 |
| Average Home Value | $349,207 |
Housing Distribution
Address Breakdown
Residential
13,305
Single Family
13,153
Multi-Family
152
Businesses
652
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Natsuki Tani • Capstone Realty LLC Huntsville
Mls Name: ValleyMLS
Mls ID: #21902473