Location
Powered by Zumper AI
Nearby rentals
Renter hub
Property management
Powered by Zumper AI
| 1605 Randolph Avenue Southeast - 12 | 1 bed | 1 bath | $698 /mo | Discover a fantastic investment opportunity nestled in the heart of 5 Points! This is an upstairs unit. This property boasts 12 units, each featuring 1 bedroom and 1 full bath, situated on a spacious corner triple lot. Each unit has individual meters, ensuring tenants are responsible for their water and electric bills, adding to the property's appeal as an investment. With its prime location, multiple units, and potential for steady rental income, this property presents an excellent opportunity for investors seeking a promising venture in the vibrant 5 Points neighborhood. To ensure a smooth leasing process, please note the following requirements and details: **Income Requirement:** - Applicant's income should be at least 3.5 times the monthly rent. **References:** - Landlord or mortgage reference - Employer reference - Three personal references, including one family member **Documents Needed at Lease Signing:** - One full month's rent - Full security deposit (equivalent to one month's |
Let's explore this property.
One-time. Agent application fee.
One-time.
Questions about this property’s policies and fees?
| Units | 1 |
|---|
Discover a fantastic investment opportunity nestled in the heart of 5 Points! This is an upstairs unit. This property boasts 12 units, each featuring 1 bedroom and 1 full bath, situated on a spacious corner triple lot. Each unit has individual meters, ensuring tenants are responsible for their water and electric bills, adding to the property's appeal as an investment. With its prime location, multiple units, and potential for steady rental income, this property presents an excellent opportunity for investors seeking a promising venture in the vibrant 5 Points neighborhood. To ensure a smooth leasing process, please note the following requirements and details: **Income Requirement:** - Applicant's income should be at least 3.5 times the monthly rent. **References:** - Landlord or mortgage reference - Employer reference - Three personal references, including one family member **Documents Needed at Lease Signing:** - One full month's rent - Full security deposit (equivalent to one month's rent) - $75 leasing fee - $35 application fee if not paid at signing - Proof of switched utilities in tenant's name - Proof of renter's liability insurance with a minimum coverage of $300,000 (covering damages to the rental property caused by the tenant) **Pet Policy:** - Pets are allowed upon approval. - Additional fee of $45/month for one pet or $60/month for two. For further inquiries, please contact us at 256-749-2000. Rental inquiries go to extension 2 only! Applicants, kindly submit additional application documents to ****.
How 1605 Randolph Avenue Southeast compares to other nearby properties.
Considerations
1-bedroom apartments at 1605 Randolph Avenue Southeast cost about 27% less than the average rent price for 1-bedroom apartments in Huntsville.
| Month | Median Rent |
|---|---|
| February 2024 | $727 |
| March 2024 | $745 |
| April 2024 | $831 |
| May 2024 | $1,023 |
| June 2024 | $1,093 |
| July 2024 | $1,158 |
| August 2024 | $1,119 |
| September 2024 | $1,025 |
| October 2024 | $1,022 |
| November 2024 | $1,021 |
| December 2024 | $1,032 |
| January 2025 | $1,028 |
| February 2025 | $977 |
| March 2025 | $951 |
| April 2025 | $1,024 |
| May 2025 | $1,052 |
| June 2025 | $1,028 |
| July 2025 | $953 |
| August 2025 | $908 |
| September 2025 | $963 |
| October 2025 | $925 |
| November 2025 | $981 |
| December 2025 | $946 |
| January 2026 | $976 |
Can I afford to live at 1605 Randolph Ave Se?
Bedrooms
1 bedroomRent-to-income ratio
30%
$27,920/yr