628 29th StTuscaloosaAL35401
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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 628 29th St, Tuscaloosa, AL, 35401 generates $2,098/mo in rent, after a $3,670/mo payment. Total monthly income is $2,098/mo. Return on cash invested sits at 9.68% in year one, and rental yield is 3.36% on a $749,900 entry. Equity gained on principal adds $4,839/yr, while 5% annual appreciation builds toward $207,184 over five years. Five-year ROI reaches 47.23% and total cumulative return in cash sums $116,518. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,098/mo property income rather than buyer’s personal income.
Single Family
Built in 2013
3.80 Acres 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: Cathy Lockett • Dream Team Real Estate
Mls Name: WAMLS
Mls ID: #171561