2515 Veterans Memorial Pkwy APT 213TuscaloosaAL35404
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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 2515 Veterans Memorial Pkwy APT 213, Tuscaloosa, AL, 35404 offers a 10.36% rental yield on a $155,900 purchase with $1,346/mo rent. Total monthly income registers $1,346/mo, and a $763/mo payment leaves $466/mo available for distribution. Annual cash flow reaches $5,593/yr on $51,681 to close, and return on cash invested stands at 30.73% in year one. Equity gained on principal adds $1,006/yr while 5% annual appreciation supports $43,072 over five years. Portfolio math shows five-year ROI at 160.26% and total cumulative return in cash at $82,822. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,346/mo property income against a $763/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1999
N/A 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
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Listed by: Jason Gray • Keller Williams Tuscaloosa
Mls Name: GALMLS
Mls ID: #21426769