721 20th Ave #101TuscaloosaAL35401
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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 721 20th Ave #101, Tuscaloosa, AL, 35401 listed at $549,000 pairs $1,518/mo rent with a $2,687/mo payment. Total monthly income runs $1,518/mo. Return on cash invested measures 9.56% in year one, and rental yield registers 3.32% at a $549,000 basis. Equity gained on principal adds $3,543/yr, and annual property appreciation at 5% supports $151,679 by year five. Five-year ROI tracks 46.6% and total cumulative return in cash totals $84,164. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,518/mo property income relative to a $2,687/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1940
N/A 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: Carrie Fitts • Carrie Fitts Real Estate
Mls Name: GALMLS
Mls ID: #21437366