3835 23rd 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 3835 23rd Ct E, Tuscaloosa, AL, 35405 earns $354/mo cash flow from $1,471/mo rent with a $969/mo payment. Total monthly income totals $1,471/mo, and annual cash flow totals $4,243/yr on $65,604 capital. ROI tracks 26.38% on current figures, and rental yield reads 8.92% at a $197,900 purchase. Equity gained on principal adds $1,277/yr, and 5% annual appreciation supports $54,676 over five years. Five-year ROI reaches 136.83% and total cumulative return in cash sums $89,769. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,471/mo property income instead of your personal income.
Single Family
Built in 1986
0.41 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: Melody Davis • Melody & Company Realty
Mls Name: GALMLS
Mls ID: #21420842