2407 2nd St ETuscaloosaAL35404
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 2407 2nd St E, Tuscaloosa, AL, 35404 earns $627/mo cash flow from $1,674/mo rent with a $908/mo payment. Total monthly income totals $1,674/mo, and annual cash flow totals $7,523/yr on $61,493 capital. ROI tracks 32.14% on current figures, and rental yield reads 10.83% at a $185,500 purchase. Equity gained on principal adds $1,197/yr, and 5% annual appreciation supports $51,250 over five years. Five-year ROI reaches 167.73% and total cumulative return in cash sums $103,143. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,674/mo property income instead of your personal income.
Single Family
Built in 1963
0.41 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: Wyonna Baldwin • Movement Realty LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21406504
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.