15143 Watermelon RdTuscaloosaAL35406
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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 15143 Watermelon Rd, Tuscaloosa, AL, 35406 earns $381/mo cash flow from $1,509/mo rent with a $978/mo payment. Total monthly income totals $1,509/mo, and annual cash flow totals $4,573/yr on $66,267 capital. ROI tracks 26.81% on current figures, and rental yield reads 9.06% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 139.2% and total cumulative return in cash sums $92,245. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,509/mo property income instead of your personal income.
Manufactured
Built in 2019
1 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: Chris Lee • REALTYSOUTH-TUSCALOOSA
Mls Name: WAMLS
Mls Provider:
Mls ID: #162605
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.