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Live Deal Finder: Huntsville Listings Scored Against the 1% Rule

Pick a ZIP code and a price. The Deal Finder pulls every active listing that matches from Valley MLS, estimates each home's rent from leases that actually closed in that ZIP over the last 12 months, and scores it on the ratios investors use: the 1% rule, gross rent multiplier, cap rate, monthly cash flow, cash-on-cash return, DSCR and the 50% rule.

Free investor consultation or portfolio review

Sit down with George Lensch, broker-owner of Wyze Realty. Bring a property you are looking at, or the rentals you already own. We will go over the real numbers: rent, repairs, taxes, insurance, financing and what to buy, keep or sell next.

Book a free consultation Call or text (256) 808-6861

Before you use this tool: what these numbers cannot see

The tools on this page use MLS data and your assumptions. They cannot see the condition of the house, the repairs it needs, the age of the roof, HVAC and water heater, foundation or drainage problems, flood zone and insurance cost, HOA rules on renting, the real tax bill, or how a specific street rents compared to the rest of the ZIP. A low-priced house that screens well on paper usually screens well for a reason.

No results are guaranteed. These are estimates, not an appraisal, inspection, rent guarantee or financial advice. Before you make an offer, book a consultation and we will run the property with you, including rent comps for that house and a repair estimate.

Book a free consultation Call or text (256) 808-6861

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How the rent estimate works

For each listing we look at MLS leases that closed in the last 12 months with the same bedroom count, starting with the closest ones: up to ten leases within a mile of the house. If there are not three that close, we use the same-bedroom leases across the ZIP, then widen to one bedroom more or less. Homes priced 20% or more below the ZIP's typical price per square foot usually need work, so for those we cut the rent estimate and add a repair budget to the price (both adjustable), and the ratios use the all-in cost. Comp leases are mostly rent-ready homes; a house that needs work will not lease like them until it is fixed. Then we adjust for size: a home larger than the typical comp gets a bit more rent, a smaller one a bit less. The table shows how many comps each estimate used. Fewer comps means less confidence.

It is a screen, not an appraisal. Condition, finishes, the school zone, a garage, a fenced yard and HOA rules all move rent. Before you offer, we pull specific comps for the house and, if you like, get Wyze Property Management's rent opinion.

Reading the results

  • Rent / all-in cost is the 1% rule, using the price plus any repair budget. Green is 1% or better, gold is 0.8% to 1%, red is under 0.8%.
  • Cash flow is after vacancy, taxes, insurance, management, repairs and reserves and the loan payment, using your assumptions above the table.
  • Cash-on-cash divides yearly cash flow by your down payment plus closing costs.
  • 50% rule passes when half the rent covers the loan payment.

Found one you like? Copy its MLS number into the Rental Property Calculator for a ten-year projection, or ask us to run it with you.

Book a free investor consultation or portfolio review

Tell us what you are trying to buy, your budget and the return you need, or bring the rentals you already own for a portfolio review. We will send you deals that fit, run the rent and expense numbers with you, and if you want, manage the property after closing through Wyze Property Management.

Book a free consultation Call or text (256) 808-6861 Join our off-market list

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Listings and leases: Valley MLS data, loaded live from this site. Estimates only; not an appraisal, rent guarantee or financial advice.

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