The Mallard
Single Family
3
2
1527
Sqft
2023
$208,000
Purchase Price
$1,795
Rent / Mo
0%
Refinance Candidate
Property Leverage
About
The Mallard is a beautiful, brand new 3 bedroom, 2 bathroom home in Decatur, AL. An open floor plan makes the space light and airy. The kitchen ia trendy with white cabinetry, black detailing, and a pendant light above a gorgeous island. With carpets and ceiling fans in the bedrooms, residents of The Mallard are sure to be comfortable. This home has a convenient separate laundry room with plenty of closet space.
Tenant Leasing Process
The time needed to sign the first tenant lease is variable and can depend on several factors including seasonality and whether the property requires any sort of renovation. Historically the average time to lease has been 45 days and has ranged from a minimum of 7 days to over 90 days. For more details on each status, check out the different rental statuses here.
Rented
Rental Status
This property is eligible to start receiving dividends after its first lease is signed.
The Market
Huntsville, AL
Huntsville consistently ranks highly for quality of life and ease of business. The city was founded in 1805 and has several historic districts along with various museums, parks, and annual festivals. Huntsville, known as The Rocket City, has a robust economy with high income earners due to the number of aerospace and military technology employers in the area. The Marshall Space Flight Center is NASA’s largest center, and most notably supports research and operations for the International Space Station. Huntsville is also home to Redstone Arsenal, a government base for various US defense departments with nearly 38,000 personnel. Cummings Research Park is nearby, boasting more than 300 companies and 26,000 employees working in research for science and technology. It’s the 2nd largest research park in the United States.
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$251,090
Invested
100%
Funded
367
Investors