740 Heritage DrTuscaloosaAL35406
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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 740 Heritage Dr, Tuscaloosa, AL, 35406 offers a 8.94% rental yield on a $349,900 purchase with $2,608/mo rent. Total monthly income registers $2,608/mo, and a $1,713/mo payment leaves $633/mo available for distribution. Annual cash flow reaches $7,591/yr on $115,992 to close, and return on cash invested stands at 26.45% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,671 over five years. Portfolio math shows five-year ROI at 137.24% and total cumulative return in cash at $159,186. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,608/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35406, Tuscaloosa, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,576 (100%) |
| Owner Occupied HU | 5,340 (70.5%) |
| Renter Occupied HU | 1,697 (22.4%) |
| Vacant Housing Units | 539 ( 7.1%) |
| Median Home Value | $452,157 |
| Average Home Value | $502,826 |
Housing Distribution
Address Breakdown
Residential
7,673
Single Family
6,501
Multi-Family
1,172
Businesses
439
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Listed by: Elaine Kizzire • HAMNER REAL ESTATE
Mls Name: WAMLS
Mls ID: #170700