6241 Pisgah Dr NWHuntsvilleAL35810
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 6241 Pisgah Dr NW, Huntsville, AL, 35810 priced at $298,512 converts $1,674/mo rent into after a $1,461/mo obligation. Total monthly income equals $1,674/mo. Return on cash invested prints 19.37% in year one, and rental yield reads 6.73% against a $298,512 entry. Equity gained on principal adds $1,926/yr, while 5% annual appreciation compiles into $82,473 by year five. Five-year ROI reaches 99.4% and total cumulative return in cash sums $98,365. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,674/mo property income covering a $1,461/mo payment, not borrower’s personal income.
Single Family
Built in N/A
9,583 sqft lot
$N/A/sqft
$400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35810, Huntsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,650 (100%) |
| Owner Occupied HU | 7,205 (57.0%) |
| Renter Occupied HU | 4,421 (34.9%) |
| Vacant Housing Units | 1,024 ( 8.1%) |
| Median Home Value | $163,913 |
| Average Home Value | $245,813 |
Housing Distribution
Address Breakdown
Residential
12,609
Single Family
11,897
Multi-Family
712
Businesses
736
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Nearby investment properties with comparable prices
Listed by: Terrence Harris • Davidson Homes LLC 4
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21870142
Disclaimer: Properties marked with this icon are provided courtesy of the Valley MLS IDX Database. Some or all of the listings displayed may not belong to the firm whose website is being visited. All information provided is deemed reliable but is not guaranteed and should be independently verified. Copyright 2024 Valley MLS