600 13th St E APT 532TuscaloosaAL35401
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 600 13th St E APT 532, Tuscaloosa, AL, 35401 generates $2,468/mo in rent and, after a $1,282/mo payment, leaves $859/mo in cash flow. Total monthly income is $2,468/mo, and annual cash flow is $10,303/yr on $86,820 invested. Return on cash invested sits at 31.78% in year one, and rental yield is 11.31% on a $261,900 entry. Equity gained on principal adds $1,690/yr, while 5% annual appreciation builds toward $72,358 over five years. Five-year ROI reaches 166.43% and total cumulative return in cash sums $144,494. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,468/mo property income rather than buyer’s personal income.
Condo
Built in 2006
0.38 Acres lot
$N/A/sqft
$26 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: N/A • N/A
Mls Name: undefined
Mls ID: #N/A