1805 Harrison 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 1805 Harrison Dr, Tuscaloosa, AL, 35405 uses $119,307 cash to close to unlock $7,441/yr annual cash flow and $620/mo monthly cash flow. Total monthly income runs $2,678/mo, and a $1,762/mo payment keeps the spread at $620/mo. Purchase price stands at $359,900, and rental yield measures 8.93% with $2,678/mo rent. Return on cash invested shows 26.15% in year one, and 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 135.71% and total cumulative return in cash records $161,906. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,678/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Single Family
Built in 2004
10,018 sqft lot
$N/A/sqft
$150 annually 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: Michael Jacobson • MICHAEL JACOBSON REAL EST
Mls Name: WAMLS
Mls Provider:
Mls ID: #170341
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.