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Huntsville, AL Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$1,327
Monthly Cash Flow
-$284
Principal + Equity
$1,701
Annual Total Gain
$17,001
Cash on Cash
-4.84%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$136
Occupancy Rate
57.14%
Monthly Revenue
$1,739
Monthly Cash Flow
-$133
Principal + Equity
$1,701
Annual Total Gain
$18,820
Cash on Cash %
-2.26%
Net ROI %
Market Health & Growth
Median Income
$70,778
Population
218,814
LTR Renter %
41.93%
Forecast (1 yr)
1.1%
Appreciation (1 yr)
-1.1%
Appreciation (5 yr)
37.06%
Appreciation (10 yr)
84.68%
Job Growth
2.37%
LTR Rentability
High
STR Demand
66
STR Rentals
730
Top Public Schools
AAlabama School of Cyber Technology and Engineering
ANew Century Technology High School
A
A
A
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
A-
Overall
Top-level market grade
Best Cities to Live in America
#24out of 229 markets
Best Cities to Buy a House in America
#4out of 229 markets
Best Cities to Raise a Family in America
#28out of 229 markets
B
Public School
C
Crime And Safety
B
Housing
B
Nightlife
A-
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Huntsville, AL.
In Huntsville, AL, Short Term Rental (STR) regulations are primarily governed by the city's zoning ordinances. Investors looking to purchase a property for STR purposes should be aware of the following regulations:
1. Zoning Restrictions: Huntsville has specific zoning regulations that dictate where STRs are allowed to operate. Investors should ensure that the property they are considering is located in a zone that permits short term rentals.
2. Licensing and Permits: STR operators in Huntsville are required to obtain a business license and a short term rental permit from the city. These permits may come with specific requirements, such as safety inspections and occupancy limits.
3. Occupancy Taxes: Huntsville imposes a lodging tax on short term rentals, which must be collected and remitted by the property owner. Investors should factor in these taxes when calculating potential rental income.
4. Noise and Nuisance Regulations: Huntsville has noise ordinances in place to prevent disturbances to neighbors. Investors should be aware of these regulations and ensure that guests are aware of quiet hours and other rules.
5. Homeowners' Association Rules: If the property is located in a neighborhood with a homeowners' association, investors should review the association's rules and regulations regarding short term rentals. Some associations may have restrictions or prohibitions on STRs.
6. Insurance Requirements: Investors should consider obtaining specialized insurance coverage for their short term rental property to protect against potential liabilities, such as damage caused by guests or accidents on the property.
By familiarizing themselves with these regulations and requirements, investors can ensure that they are in compliance with Huntsville's STR regulations and can operate their rental property successfully. It is recommended to consult with a local real estate attorney or property management company for further guidance on navigating the STR market in Huntsville, AL.
Market Trends Over Time
Explore 25 years of market data for Huntsville, AL, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Huntsville, AL.
The LTR Genie Score of Huntsville, AL is 72, indicating a high level of rentability for long-term rental properties in the area. The STR Genie Score of 60 suggests that short-term rental properties may also be a viable option, although not as strong as long-term rentals. The LTR Rent Growth Rate of 0.0631% and the STR Net ROI of 26.73% both contribute to the overall high Genie Scores.
Huntsville, AL is a growing city known for its strong job market, particularly in the aerospace and defense industries. The 1-Year Price Appreciation Forecast of 1.1% suggests a stable market with potential for growth.
Based on the metrics provided, Huntsville, AL appears to be an attractive market for both long-term and short-term rental investments. With high LTR and STR Genie Scores, as well as positive net ROI figures, investors may find success in either rental strategy. It is recommended for real estate investors to further research the market and consider diversifying their portfolio with both long-term and short-term rental properties in Huntsville, AL.
LTR Genie Score 93
$134,900
🛏 3 Beds🛁 3.0000 Baths🏙 1,560 sqft.🏠 SINGLE FAMILY
