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Updated almost 6 years ago on . Most recent reply

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Leslie Capps
  • Alpharetta, GA
6
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13
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zip code 35824 in huntsville - is it good for rental

Leslie Capps
  • Alpharetta, GA
Posted

A family member is taking a job in Huntsville this summer and I have been looking for homes.  Huntsville seems like a pretty decent rental market so I am thinking that I buy a house and rent to them for 2 or so years that they will live there and then I am fairly certain they will not be there long term.  My long term plan is to rent out the house after they leave.  I saw a listing in 35824 zip code. looks like decent house.  stats on listing showed 47% homes owned and 47% percent rented.  I am new to real estate investing and I am not sure if this stat is a red flag or shows strong rental market.  What are the opinions of this zip code or general area of Huntsville looking 5-10 years out.  I have never been to Huntsville but will take a trip there early summer to see myself and would like to have a better idea of best areas to concentrate on.  Any help or advice on Huntsville would be appreciated.   

Most Popular Reply

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181
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136
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Peter McDonough
  • Rental Property Investor
  • Huntsville, AL
136
Votes |
181
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Peter McDonough
  • Rental Property Investor
  • Huntsville, AL
Replied

Yes, that's a great area!  Good luck getting 1% there though.  There's a lot of $200k houses that are renting for $1400 around those parts.

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