1304 High Forest Dr NTuscaloosaAL35406
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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 1304 High Forest Dr N, Tuscaloosa, AL, 35406 offers a 5.06% rental yield on a $890,000 purchase with $3,750/mo rent. 84% in year one. Equity gained on principal adds $5,743/yr while 5% annual appreciation supports $245,891 over five years. Portfolio math shows five-year ROI at 74.91% and total cumulative return in cash at $219,352. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,750/mo property income against a $4,356/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
0.72 Acres 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: DAVID FUHRMAN • COLLEGE CITY REALTY, LLC.
Mls Name: WAMLS
Mls ID: #171716