3218 Veterans Memorial Pkwy UNIT 2301TuscaloosaAL35405
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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 UNIT 2301, Tuscaloosa, AL, 35405 listed at $194,900 pairs $1,754/mo rent with a $954/mo payment to leave $654/mo cash flow. Total monthly income runs $1,754/mo, and annual cash flow reaches $7,846/yr on $64,609 cash to close. Return on cash invested measures 32.05% in year one, and rental yield registers 10.8% at a $194,900 basis. Equity gained on principal adds $1,258/yr, and annual property appreciation at 5% supports $53,847 by year five. Five-year ROI tracks 167.26% and total cumulative return in cash totals $108,063. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,754/mo property income relative to a $954/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
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: John Randall • Keller Williams Tuscaloosa
Mls Name: WAMLS
Mls ID: #172592