4024 Carousel CirTuscaloosaAL35406
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 4024 Carousel Cir, Tuscaloosa, AL, 35406 offers $4,448/mo rent that, after a $3,500/mo payment, leaves $412/mo cash flow. Total monthly income is $4,448/mo, and annual cash flow is $4,941/yr on $235,235 cash. Return on cash invested measures 22.16% in year one, and rental yield stands at 7.47% at a $715,000 entry. Equity gained on principal adds $4,614/yr while 5% annual appreciation compounds into $197,541 by year five. Five-year ROI records 114.17% and total cumulative return in cash reaches $268,557. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,448/mo property income versus a $3,500/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35406, Tuscaloosa, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,576 (100%) |
| Owner Occupied HU | 5,340 (70.5%) |
| Renter Occupied HU | 1,697 (22.4%) |
| Vacant Housing Units | 539 ( 7.1%) |
| Median Home Value | $452,157 |
| Average Home Value | $502,826 |
Housing Distribution
Address Breakdown
Residential
7,673
Single Family
6,501
Multi-Family
1,172
Businesses
439
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Andrew Gore • RE/MAX PREMIERE GROUP
Mls Name: WAMLS
Mls Provider:
Mls ID: #168312
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.