610-2B Randolph AveHuntsvilleAL35801
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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 610-2B Randolph Ave, Huntsville, AL, 35801 priced at $785,000 converts $1,524/mo rent into after a $3,842/mo obligation. Total monthly income equals $1,524/mo. Return on cash invested prints 4.03% in year one, and rental yield reads 2.33% against a $785,000 entry. Equity gained on principal adds $5,065/yr, while 5% annual appreciation compiles into $216,881 by year five. Five-year ROI reaches 17.87% and total cumulative return in cash sums $46,154. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,524/mo property income covering a $3,842/mo payment, not borrower’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$543 monthly 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: Ben Nemec • Keller Williams Realty
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21850319
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