1492 23rd AveTuscaloosaAL35401
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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 1492 23rd Ave, Tuscaloosa, AL, 35401 uses $172,692 cash to close to unlock $21,247/yr annual cash flow and $1,771/mo monthly cash flow. Total monthly income runs $5,357/mo, and a $2,569/mo payment keeps the spread at $1,771/mo. Purchase price stands at $524,900, and rental yield measures 12.25% with $5,357/mo rent. Return on cash invested shows 32.36% in year one, and 5% annual appreciation builds toward $145,020 over five years. Five-year ROI reaches 170.45% and total cumulative return in cash records $294,349. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,357/mo property income covering a $2,569/mo payment rather than investor’s personal income.
Townhouse
Built in 2023
N/A lot
$N/A/sqft
$283 monthly 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: WES YORK • HAMNER REAL ESTATE
Mls Name: WAMLS
Mls Provider:
Mls ID: #163673
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.