680 6th Ave NE APT 4106TuscaloosaAL35404
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 680 6th Ave NE APT 4106, Tuscaloosa, AL, 35404 uses $82,842 cash to close to unlock $2,287/yr annual cash flow and $191/mo monthly cash flow. Total monthly income runs $1,876/mo, and a $1,223/mo payment keeps the spread at $191/mo. Purchase price stands at $249,900, and rental yield measures 9.01% with $1,876/mo rent. Return on cash invested shows 22.67% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 118.41% and total cumulative return in cash records $98,090. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,876/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Condo
Built in 2017
N/A lot
$N/A/sqft
$275 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alice Maxwell • Keller Williams Tuscaloosa
Mls Name: WAMLS
Mls Provider:
Mls ID: #169004
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.