1228 8th St APT 103TuscaloosaAL35401
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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 1228 8th St APT 103, Tuscaloosa, AL, 35401 listed at $724,900 pairs $1,112/mo rent with a $3,548/mo payment. Total monthly income runs $1,112/mo. Return on cash invested measures 5.07% in year one, and rental yield registers 1.84% at a $724,900 basis. Equity gained on principal adds $4,678/yr, and annual property appreciation at 5% supports $200,277 by year five. Five-year ROI tracks 22.51% and total cumulative return in cash totals $53,685. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,112/mo property income relative to a $3,548/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1992
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35401, Tuscaloosa, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,493 (100%) |
| Owner Occupied HU | 4,167 (20.3%) |
| Renter Occupied HU | 12,697 (62.0%) |
| Vacant Housing Units | 3,629 (17.7%) |
| Median Home Value | $225,304 |
| Average Home Value | $305,922 |
Housing Distribution
Address Breakdown
Residential
17,933
Single Family
14,197
Multi-Family
3,736
Businesses
1,738
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Listed by: Alice Maxwell • Keller Williams Tuscaloosa
Mls Name: WAMLS
Mls ID: #170509