3218 Veterans Memorial Pkwy APT 818TuscaloosaAL35405
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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 3218 Veterans Memorial Pkwy APT 818, Tuscaloosa, AL, 35405 listed at $224,900 pairs $2,135/mo rent with a $1,101/mo payment to leave $865/mo cash flow. Total monthly income runs $2,135/mo, and annual cash flow reaches $10,384/yr on $74,554 cash to close. Return on cash invested measures 33.84% in year one, and rental yield registers 11.39% at a $224,900 basis. Equity gained on principal adds $1,451/yr, and annual property appreciation at 5% supports $62,136 by year five. Five-year ROI tracks 176.86% and total cumulative return in cash totals $131,857. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,135/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35405, Tuscaloosa, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,110 (100%) |
| Owner Occupied HU | 10,558 (47.8%) |
| Renter Occupied HU | 9,678 (43.8%) |
| Vacant Housing Units | 1,874 ( 8.5%) |
| Median Home Value | $267,204 |
| Average Home Value | $301,942 |
Housing Distribution
Address Breakdown
Residential
19,846
Single Family
15,775
Multi-Family
4,071
Businesses
911
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Listed by: Katie Henderson • Carrie Fitts Real Estate
Mls Name: WAMLS
Mls ID: #171034