826 Eldorado Ave 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 826 Eldorado Ave SE, Huntsville, AL, 35802 offers a 7.62% rental yield on a $599,000 purchase with $3,804/mo rent. Total monthly income registers $3,804/mo, and a $2,932/mo payment leaves $423/mo available for distribution. Annual cash flow reaches $5,073/yr on $197,071 to close, and return on cash invested stands at 22.63% in year one. Equity gained on principal adds $3,865/yr while 5% annual appreciation supports $165,493 over five years. Portfolio math shows five-year ROI at 116.7% and total cumulative return in cash at $229,990. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,804/mo property income against a $2,932/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
0.37 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: Carmen Hurter • RE/MAX Today
Mls Name: ValleyMLS
Mls ID: #21900585