2150 3rd Ct APT 506TuscaloosaAL35401
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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
Rental property for sale in Tuscaloosa at 2150 3rd Ct APT 506, Tuscaloosa, AL, 35401 generates $3,298/mo in rent and, after a $1,774/mo payment, leaves $1,252/mo in cash flow. Total monthly income is $3,298/mo, and annual cash flow is $15,026/yr on $120,169 invested. Return on cash invested sits at 32.41% in year one, and rental yield is 10.92% on a $362,500 entry. Equity gained on principal adds $2,339/yr, while 5% annual appreciation builds toward $100,152 over five years. Five-year ROI reaches 169.21% and total cumulative return in cash sums $203,342. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,298/mo property income rather than buyer’s personal income.
Townhouse
Built in 2014
N/A 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: Charles Holliman • Pritchett Moore Real Estate
Mls Name: WAMLS
Mls ID: #173024