6710 Covington Villas DrTuscaloosaAL35405
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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 6710 Covington Villas Dr, Tuscaloosa, AL, 35405 offers a 11.06% rental yield on a $189,000 purchase with $1,742/mo rent. Total monthly income registers $1,742/mo, and a $925/mo payment leaves $675/mo available for distribution. Annual cash flow reaches $8,103/yr on $62,654 to close, and return on cash invested stands at 32.84% in year one. Equity gained on principal adds $1,220/yr while 5% annual appreciation supports $52,217 over five years. Portfolio math shows five-year ROI at 171.53% and total cumulative return in cash at $107,470. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,742/mo property income against a $925/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2007
38 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
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Listed by: Yvonne Rinehart • CAPITAL REAL ESTATE
Mls Name: WAMLS
Mls ID: #171575