Huntsville, AL โ€” Rental Investment Analysis

๐Ÿ”ดWEAKโ€” appreciation play only

Cap Rate

3.6%

Below average

Monthly Cash Flow

-$713

After all expenses

Price-to-Rent

15.6

Overpriced for rent

DSCR

0.56

Fails

๐Ÿ“Š 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%

๐Ÿ“ˆ Market Strength

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

Customize these numbers โ†’

๐Ÿ“ˆ Population Movement (Tax Year 2021โ†’2022)

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

๐Ÿ’ก Strong net inflow suggests growing rental demand and upward pressure on rents.

๐Ÿ˜๏ธ Best Zip Codes in Huntsville for Investors

35810
Cap Rate: 7.0%Cash Flow: +$81/mo$170,485
35816
Cap Rate: 6.6%Cash Flow: +$22/mo$159,722
35805
Cap Rate: 6.1%Cash Flow: -$33/mo$158,240

All Zip Codes in Huntsville

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
358107.0%+$81$170,485$1,500/mo1.09
358166.6%+$22$159,722$1,340/mo1.03
358056.1%-$33$158,240$1,260/mo0.96
356714.5%-$455$290,149$1,830/mo0.71
358033.7%-$713$318,728$1,750/mo0.58
358113.6%-$674$286,133$1,530/mo0.56
358063.4%-$909$364,874$1,890/mo0.53
358023.0%-$1,009$361,407$1,740/mo0.48
357412.8%-$1,196$402,524$1,850/mo0.44
358242.7%-$1,181$386,937$1,740/mo0.43
358012.7%-$1,230$396,717$1,760/mo0.42