1505 Montrose DrTuscaloosaAL35405
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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 1505 Montrose Dr, Tuscaloosa, AL, 35405 uses $80,521 cash to close to unlock $5,962/yr annual cash flow and $497/mo monthly cash flow. Total monthly income runs $1,868/mo, and a $1,189/mo payment keeps the spread at $497/mo. Purchase price stands at $242,900, and rental yield measures 9.23% with $1,868/mo rent. Return on cash invested shows 27.31% in year one, and 5% annual appreciation builds toward $67,109 over five years. Five-year ROI reaches 141.83% and total cumulative return in cash records $114,205. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,868/mo property income covering a $1,189/mo payment rather than investor’s personal income.
Single Family
Built in 1970
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35405, Tuscaloosa, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,110 (100%) |
| Owner Occupied HU | 10,558 (47.8%) |
| Renter Occupied HU | 9,678 (43.8%) |
| Vacant Housing Units | 1,874 ( 8.5%) |
| Median Home Value | $267,204 |
| Average Home Value | $301,942 |
Housing Distribution
Address Breakdown
Residential
19,846
Single Family
15,775
Multi-Family
4,071
Businesses
911
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Listed by: Haynes Waldo • Pritchett Moore Real Estate
Mls Name: WAMLS
Mls ID: #170461