Tuscaloosa, AL — Rental Investment Analysis

🟡MODERATEaverage returns

Cap Rate

4.9%

Below average

Monthly Cash Flow

-$229

After all expenses

Price-to-Rent

12.6

Investor-friendly

DSCR

0.76

Fails

📊 Key Metrics

Median Home Price
$183,772
Average Rent (3BR)
$1,470/mo
Price-to-Rent Ratio
12.6(good)
1% Rule
0.67%(fails — need 1%+)
Cash-on-Cash Return
-6.5%
Vacancy Rate
8.0%

📈 Market Strength

Unemployment Rate
2.8%(-1.5% vs national)
Rent Growth (YoY)
+2.9%(national avg)
Population Growth
-0.2% YoY

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

Customize these numbers →

Property Tax Rate

0.39%

of assessed value (AL avg)

Median Income

$56,956

household (AL avg)

Rent-to-Income

31%

Moderate

Section 8 Max Rent

$1,470/mo

3BR voucher payment

🏛️ AL Investor Climate

Landlord Friendly

8/10

State Income Tax

Has state tax

Property Tax

0.39% effective

Population Trend

-0.2% (3yr)

🏘️ Best Zip Codes in Tuscaloosa for Investors

35006
Cap Rate: 9.1%Cash Flow: +$303/mo$136,372
35404
Cap Rate: 7.2%Cash Flow: +$106/mo$164,369
35401
Cap Rate: 5.5%Cash Flow: -$131/mo$178,900

All Zip Codes in Tuscaloosa

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
350069.1%+$303$136,372$1,490/mo1.42
354047.2%+$106$164,369$1,480/mo1.12
354015.5%-$131$178,900$1,310/mo0.86
367424.3%-$328$188,644$1,150/mo0.67
354054.2%-$458$245,566$1,460/mo0.65
354062.0%-$1,670$455,903$1,710/mo0.31