2218 32nd Ave ETuscaloosaAL35404
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 2218 32nd Ave E, Tuscaloosa, AL, 35404 in Tuscaloosa. Priced at $265,000, it generates $2,324/mo in gross rent and $828/mo in net monthly cash flow, a 10.53% yield that comfortably supports the 1.95 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $9,930. Five-year appreciation: $73,215. Equity from principal paydown: $2,441/yr. Total projected cumulative return: $153,115.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 7.2% |
| Monthly Cash Flow | $828 | $1,250 |
City averages based on Tuscaloosa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,324 |
| Total Monthly Debt Service | $1,391 |
| DSCR Ratio | 1.67x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1965
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35404, Tuscaloosa, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,640 (100%) |
| Owner Occupied HU | 4,110 (35.3%) |
| Renter Occupied HU | 5,798 (49.8%) |
| Vacant Housing Units | 1,732 (14.9%) |
| Median Home Value | $225,462 |
| Average Home Value | $276,159 |
Housing Distribution
Address Breakdown
Residential
9,949
Single Family
9,345
Multi-Family
604
Businesses
634
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
Single Family
Built in 1965
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35404, Tuscaloosa, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,640 (100%) |
| Owner Occupied HU | 4,110 (35.3%) |
| Renter Occupied HU | 5,798 (49.8%) |
| Vacant Housing Units | 1,732 (14.9%) |
| Median Home Value | $225,462 |
| Average Home Value | $276,159 |
Housing Distribution
Address Breakdown
Residential
9,949
Single Family
9,345
Multi-Family
604
Businesses
634
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kim Harwood • Harwood Real Estate LLC
Mls Name: WAMLS
Mls Provider:
Mls ID: #168219
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.