680 6th Ave NE APT 1202TuscaloosaAL35404
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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
Total monthly income runs $1,042/mo, and a $2,202/mo payment. Purchase price stands at $449,900, and rental yield measures 2.78% with $1,042/mo rent. Return on cash invested shows 7.86% in year one, and 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 37.52% and total cumulative return in cash records $55,954. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,042/mo property income covering a $2,202/mo payment rather than investor’s personal income.
Condo
Built in 2017
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35404, Tuscaloosa, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,640 (100%) |
| Owner Occupied HU | 4,110 (35.3%) |
| Renter Occupied HU | 5,798 (49.8%) |
| Vacant Housing Units | 1,732 (14.9%) |
| Median Home Value | $225,462 |
| Average Home Value | $276,159 |
Housing Distribution
Address Breakdown
Residential
9,949
Single Family
9,345
Multi-Family
604
Businesses
634
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Listed by: Alice Maxwell • Keller Williams Tuscaloosa
Mls Name: WAMLS
Mls ID: #172300