61 SpringbrookTuscaloosaAL35405
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 61 Springbrook, Tuscaloosa, AL, 35405 offers a 10.67% rental yield on a $192,400 purchase with $1,710/mo rent. Total monthly income registers $1,710/mo, and a $942/mo payment leaves $566/mo available for distribution. Annual cash flow reaches $6,788/yr on $63,781 to close, and return on cash invested stands at 30.55% in year one. Equity gained on principal adds $1,242/yr while 5% annual appreciation supports $53,157 over five years. Portfolio math shows five-year ROI at 159.62% and total cumulative return in cash at $101,806. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,710/mo property income against a $942/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
0.30 Acres 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: John Randall • Keller Williams Tuscaloosa
Mls Name: WAMLS
Mls Provider:
Mls ID: #169265
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.