2803 Prince CirTuscaloosaAL35401
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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 2803 Prince Cir, Tuscaloosa, AL, 35401 priced at $243,400 converts $1,886/mo rent into $512/mo cash flow after a $1,191/mo obligation. Total monthly income equals $1,886/mo, and annual cash flow totals $6,149/yr on $80,687 invested. Return on cash invested prints 27.53% in year one, and rental yield reads 9.3% against a $243,400 entry. Equity gained on principal adds $1,571/yr, while 5% annual appreciation compiles into $67,247 by year five. Five-year ROI reaches 143.01% and total cumulative return in cash sums $115,394. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,886/mo property income covering a $1,191/mo payment, not borrower’s personal income.
Single Family
Built in 1958
10,454 sqft 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: Alice Maxwell • Keller Williams Tuscaloosa
Mls Name: WAMLS
Mls Provider:
Mls ID: #164362
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.