3708 24th Ct ETuscaloosaAL35405
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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 3708 24th Ct E, Tuscaloosa, AL, 35405 listed at $218,000 pairs $1,765/mo rent with a $1,067/mo payment to leave $535/mo cash flow. Total monthly income runs $1,765/mo, and annual cash flow reaches $6,414/yr on $72,267 cash to close. Return on cash invested measures 28.78% in year one, and rental yield registers 9.72% at a $218,000 basis. Equity gained on principal adds $1,407/yr, and annual property appreciation at 5% supports $60,229 by year five. Five-year ROI tracks 149.75% and total cumulative return in cash totals $108,223. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,765/mo property income relative to a $1,067/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1971
0.30 Acres 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: Laura Leigh Thompson • Pritchett Moore Real Estate
Mls Name: WAMLS
Mls Provider:
Mls ID: #168135
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.