2 Washington SqTuscaloosaAL35401
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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 2 Washington Sq, Tuscaloosa, AL, 35401 with 5% annual appreciation on a $175,000 basis while $1,265/mo rent supports operations. Total monthly income totals $1,265/mo and a $857/mo payment preserves $277/mo for cash returns. Annual cash flow comes to $3,321/yr on $58,013 deployed, and return on cash invested reaches 25.63% in year one. Equity gained on principal adds $1,129/yr, and five-year appreciation sums $48,349 alongside rental yield of 8.67%. Five-year ROI measures 132.85% and total cumulative return in cash totals $77,071.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,265/mo property income versus a $857/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
6,534 sqft lot
$N/A/sqft
No 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: Ben Hedden • Bham Realty, LLC
Mls Name: GALMLS
Mls ID: #21438869