600 13th St E APT 542TuscaloosaAL35401
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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 600 13th St E APT 542, Tuscaloosa, AL, 35401 offers a 8.6% rental yield on a $274,900 purchase with $1,970/mo rent. Total monthly income registers $1,970/mo, and a $1,346/mo payment leaves $419/mo available for distribution. Annual cash flow reaches $5,026/yr on $91,129 to close, and return on cash invested stands at 25.42% in year one. Equity gained on principal adds $1,774/yr while 5% annual appreciation supports $75,950 over five years. Portfolio math shows five-year ROI at 131.7% and total cumulative return in cash at $120,015. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,970/mo property income against a $1,346/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
No 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
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Listed by: John Randall • Keller Williams Tuscaloosa
Mls Name: WAMLS
Mls ID: #171210