600 13th St E APT 436TuscaloosaAL35401
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 600 13th St E APT 436, Tuscaloosa, AL, 35401 offers a 9.8% rental yield on a $234,900 purchase with $1,918/mo rent. Total monthly income registers $1,918/mo, and a $1,150/mo payment leaves $256/mo available for distribution. Annual cash flow reaches $3,066/yr on $77,869 to close, and return on cash invested stands at 23.85% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,899 over five years. Portfolio math shows five-year ROI at 125.16% and total cumulative return in cash at $97,461. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,918/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2006
N/A lot
$N/A/sqft
$294 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35401, Tuscaloosa, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,493 (100%) |
| Owner Occupied HU | 4,167 (20.3%) |
| Renter Occupied HU | 12,697 (62.0%) |
| Vacant Housing Units | 3,629 (17.7%) |
| Median Home Value | $225,304 |
| Average Home Value | $305,922 |
Housing Distribution
Address Breakdown
Residential
17,933
Single Family
14,197
Multi-Family
3,736
Businesses
1,738
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Addison Criswell • Advantage Realty Group
Mls Name: WAMLS
Mls Provider:
Mls ID: #166399
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.