708 Corlett Dr SEHuntsvilleAL35802
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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 708 Corlett Dr SE, Huntsville, AL, 35802 with 5% annual appreciation on a $534,960 basis while $3,161/mo rent supports operations. Total monthly income totals $3,161/mo and a $2,618/mo payment preserves $142/mo for cash returns. Annual cash flow comes to $1,701/yr on $176,002 deployed, and return on cash invested reaches 21.03% in year one. Equity gained on principal adds $3,452/yr, and five-year appreciation sums $147,800 alongside rental yield of 7.09%. Five-year ROI measures 108.08% and total cumulative return in cash totals $190,228.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,161/mo property income versus a $2,618/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35802, Huntsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,118 (100%) |
| Owner Occupied HU | 6,122 (50.5%) |
| Renter Occupied HU | 4,992 (41.2%) |
| Vacant Housing Units | 1,004 ( 8.3%) |
| Median Home Value | $370,762 |
| Average Home Value | $444,729 |
Housing Distribution
Address Breakdown
Residential
11,568
Single Family
8,142
Multi-Family
3,426
Businesses
680
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Listed by: Jason Grey • ProData Real Estate, LLC
Mls Name: ValleyMLS
Mls ID: #21901940