405 Split Rail DrTuscaloosaAL35405
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
Investment property for sale in Tuscaloosa at 405 Split Rail Dr, Tuscaloosa, AL, 35405 offers a 9.33% rental yield on a $229,900 purchase with $1,788/mo rent. Total monthly income registers $1,788/mo, and a $1,125/mo payment leaves $491/mo available for distribution. Annual cash flow reaches $5,887/yr on $76,212 to close, and return on cash invested stands at 27.63% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,517 over five years. Portfolio math shows five-year ROI at 143.57% and total cumulative return in cash at $109,415. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,788/mo property income against a $1,125/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
5,662 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tracey Ramsey • RE/MAX PREMIERE GROUP
Mls Name: WAMLS
Mls ID: #172292