102 E Glen IrisTuscaloosaAL35405
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Tuscaloosa at 102 E Glen Iris, Tuscaloosa, AL, 35405 at $249,900 posts ROI 27.78% with $544/mo cash flow from $1,954/mo rent. Total monthly income equals $1,954/mo, and annual cash flow records $6,523/yr on $82,842 to close. Return on cash invested measures 27.78% and rental yield reads 9.38% at the current $249,900. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 by year five. Five-year ROI prints 144.35% and total cumulative return in cash totals $119,582.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,954/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35405, Tuscaloosa, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,110 (100%) |
| Owner Occupied HU | 10,558 (47.8%) |
| Renter Occupied HU | 9,678 (43.8%) |
| Vacant Housing Units | 1,874 ( 8.5%) |
| Median Home Value | $267,204 |
| Average Home Value | $301,942 |
Housing Distribution
Address Breakdown
Residential
19,846
Single Family
15,775
Multi-Family
4,071
Businesses
911
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Listed by: Vanessa Lockhart • Three Pines Property Mgt.
Mls Name: WAMLS
Mls Provider:
Mls ID: #168061
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.