624 Lanier PlTuscaloosaAL35406
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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
Rental property for sale in Tuscaloosa at 624 Lanier Pl, Tuscaloosa, AL, 35406 offers $2,796/mo rent that, after a $1,755/mo payment, leaves $688/mo cash flow. Total monthly income is $2,796/mo, and annual cash flow is $8,257/yr on $118,843 cash. Return on cash invested measures 26.86% in year one, and rental yield stands at 9.36% at a $358,500 entry. Equity gained on principal adds $2,313/yr while 5% annual appreciation compounds into $99,047 by year five. Five-year ROI records 139.72% and total cumulative return in cash reaches $166,050. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,796/mo property income versus a $1,755/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
0.80 Acres lot
$N/A/sqft
$84 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35406, Tuscaloosa, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,576 (100%) |
| Owner Occupied HU | 5,340 (70.5%) |
| Renter Occupied HU | 1,697 (22.4%) |
| Vacant Housing Units | 539 ( 7.1%) |
| Median Home Value | $452,157 |
| Average Home Value | $502,826 |
Housing Distribution
Address Breakdown
Residential
7,673
Single Family
6,501
Multi-Family
1,172
Businesses
439
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Listed by: Lillian Anderton • Carrie Fitts Real Estate
Mls Name: WAMLS
Mls Provider:
Mls ID: #168691
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.