Huntsville, AL โ Rental Investment Analysis
๐ดWEAKโ appreciation play onlyCap Rate
3.6%
Below average
Monthly Cash Flow
-$713
After all expenses
Price-to-Rent
15.6
Overpriced for rent
DSCR
0.56
Fails
๐ Key Metrics
- Median Home Price
- $318,728
- Average Rent (3BR)
- $1,740/mo
- Price-to-Rent Ratio
- 15.6(high)
- 1% Rule
- 0.53%(fails โ need 1%+)
- Cash-on-Cash Return
- -12.3%
- Vacancy Rate
- 8.0%
๐ Market Strength
Assumptions Used
20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance
Customize these numbers โ๐ Population Movement (Tax Year 2021โ2022)
Net Migration
+357 households
GROWING
Total Inflow
149,669
households moved in
Avg Income (New Residents)
$100,629
per household
Where they're coming from:
1.Madison Non-migrants, AL144,802 households ยท avg $101,578
2.Limestone, AL983 households ยท avg $70,872
3.Jefferson, AL388 households ยท avg $60,070
4.Marshall, AL294 households ยท avg $70,803
5.Lauderdale, AL166 households ยท avg $46,807
Where residents are leaving to:
1.Madison Non-migrants, AL144,802 households
2.Limestone, AL1,562 households
3.Marshall, AL370 households
4.Jefferson, AL303 households
5.Jackson, AL173 households
๐ก Strong net inflow suggests growing rental demand and upward pressure on rents.
๐๏ธ Best Zip Codes in Huntsville for Investors
All Zip Codes in Huntsville
| Zip | Cap Rate | Cash Flow | Home Price | Rent (3BR) | DSCR |
|---|---|---|---|---|---|
| 35810 | 7.0% | +$81 | $170,485 | $1,500/mo | 1.09 |
| 35816 | 6.6% | +$22 | $159,722 | $1,340/mo | 1.03 |
| 35805 | 6.1% | -$33 | $158,240 | $1,260/mo | 0.96 |
| 35671 | 4.5% | -$455 | $290,149 | $1,830/mo | 0.71 |
| 35803 | 3.7% | -$713 | $318,728 | $1,750/mo | 0.58 |
| 35811 | 3.6% | -$674 | $286,133 | $1,530/mo | 0.56 |
| 35806 | 3.4% | -$909 | $364,874 | $1,890/mo | 0.53 |
| 35802 | 3.0% | -$1,009 | $361,407 | $1,740/mo | 0.48 |
| 35741 | 2.8% | -$1,196 | $402,524 | $1,850/mo | 0.44 |
| 35824 | 2.7% | -$1,181 | $386,937 | $1,740/mo | 0.43 |
| 35801 | 2.7% | -$1,230 | $396,717 | $1,760/mo | 0.42 |