1077 Fairfax DrTuscaloosaAL35406
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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 1077 Fairfax Dr, Tuscaloosa, AL, 35406 uses $82,842 cash to close to unlock $13,171/yr annual cash flow and $1,098/mo monthly cash flow. Total monthly income runs $2,508/mo, and a $1,223/mo payment keeps the spread at $1,098/mo. Purchase price stands at $249,900, and rental yield measures 12.04% with $2,508/mo rent. Return on cash invested shows 35.81% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 187.42% and total cumulative return in cash records $155,258. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,508/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Townhouse
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35406, Tuscaloosa, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,576 (100%) |
| Owner Occupied HU | 5,340 (70.5%) |
| Renter Occupied HU | 1,697 (22.4%) |
| Vacant Housing Units | 539 ( 7.1%) |
| Median Home Value | $452,157 |
| Average Home Value | $502,826 |
Housing Distribution
Address Breakdown
Residential
7,673
Single Family
6,501
Multi-Family
1,172
Businesses
439
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Listed by: WES YORK • HAMNER REAL ESTATE
Mls Name: WAMLS
Mls ID: #170973