210 15th St E APT 5TuscaloosaAL35401
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 210 15th St E APT 5, Tuscaloosa, AL, 35401 uses $47,703 cash to close to unlock $1,621/yr annual cash flow and $135/mo monthly cash flow. Total monthly income runs $1,235/mo, and a $704/mo payment keeps the spread at $135/mo. Purchase price stands at $143,900, and rental yield measures 10.3% with $1,235/mo rent. Return on cash invested shows 23.31% in year one, and 5% annual appreciation builds toward $39,757 over five years. Five-year ROI reaches 123.06% and total cumulative return in cash records $58,703. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,235/mo property income covering a $704/mo payment rather than investor’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
$288 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chloe Champion • PARAMOUNT PROPERTIES
Mls Name: WAMLS
Mls Provider:
Mls ID: #164809
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.