801 Mira Vista Dr SEHuntsvilleAL35802
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 801 Mira Vista Dr SE, Huntsville, AL, 35802 priced at $285,000 pairs $2,002/mo rent with $393/mo cash flow after a $1,395/mo payment. Total monthly income equals $2,002/mo, and annual cash flow comes to $4,719/yr on $94,478 invested. Return on cash invested is 24.9% in year one, and rental yield stands at 8.43% on a $285,000 basis. Equity gained on principal adds $1,839/yr, and 5% annual appreciation accumulates to $78,740 by year five. Five-year ROI measures 128.95% and total cumulative return in cash reaches $121,830. For financing, Ziffy Mortgage’s DSCR program evaluates $2,002/mo property income against a $1,395/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1963
0.42 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Dickens • A.H. Sothebys Int. Realty
Mls Name: ValleyMLS
Mls ID: #21904457