6843 Steeplechase Dr NWHuntsvilleAL35806
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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 6843 Steeplechase Dr NW, Huntsville, AL, 35806 uses $82,875 cash to close to unlock $7,998/yr annual cash flow and $667/mo monthly cash flow. Total monthly income runs $2,078/mo, and a $1,224/mo payment keeps the spread at $667/mo. Purchase price stands at $250,000, and rental yield measures 9.97% with $2,078/mo rent. Return on cash invested shows 29.56% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 153.92% and total cumulative return in cash records $127,558. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,078/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Townhouse
Built in 1985
2,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35806, Huntsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,556 (100%) |
| Owner Occupied HU | 5,970 (34.0%) |
| Renter Occupied HU | 9,071 (51.7%) |
| Vacant Housing Units | 2,515 (14.3%) |
| Median Home Value | $355,774 |
| Average Home Value | $387,949 |
Housing Distribution
Address Breakdown
Residential
15,874
Single Family
10,019
Multi-Family
5,855
Businesses
1,425
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Listed by: Stephanie Kritzer • Matt Curtis Real Estate, Inc.
Mls Name: ValleyMLS
Mls ID: #21908087