805 McKinley Ave NEHuntsvilleAL35801
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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 805 McKinley Ave NE, Huntsville, AL, 35801 offers $1,790/mo rent that, after a $1,419/mo payment, leaves $154/mo cash flow. Total monthly income is $1,790/mo, and annual cash flow is $1,843/yr on $96,102 cash. Return on cash invested measures 21.83% in year one, and rental yield stands at 7.41% at a $289,900 entry. Equity gained on principal adds $1,871/yr while 5% annual appreciation compounds into $80,094 by year five. Five-year ROI records 112.43% and total cumulative return in cash reaches $108,045. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,790/mo property income versus a $1,419/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
6,248 sqft lot
$N/A/sqft
No 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: Summer Shelkey • KW Huntsville Keller Williams
Mls Name: ValleyMLS
Mls ID: #21907896