1228 8th St APT 110TuscaloosaAL35401
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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
Total monthly income runs $1,112/mo, and a $3,646/mo payment. Purchase price stands at $744,900, and rental yield measures 1.79% with $1,112/mo rent. Return on cash invested shows 4.92% in year one, and 5% annual appreciation builds toward $205,802 over five years. Five-year ROI reaches 21.7% and total cumulative return in cash records $53,184. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,112/mo property income covering a $3,646/mo payment rather than investor’s personal income.
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: #171002