1009 1st St NWCullmanAL35055
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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 Cullman at 1009 1st St NW, Cullman, AL, 35055 listed at $225,000 pairs $2,089/mo rent with a $1,101/mo payment to leave $819/mo cash flow. Total monthly income runs $2,089/mo, and annual cash flow reaches $9,831/yr on $74,588 cash to close. Return on cash invested measures 33.09% in year one, and rental yield registers 11.14% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 172.85% and total cumulative return in cash totals $128,925. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,089/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1936
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35055, Cullman, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,021 (100%) |
| Owner Occupied HU | 5,828 (58.2%) |
| Renter Occupied HU | 3,463 (34.6%) |
| Vacant Housing Units | 730 ( 7.3%) |
| Median Home Value | $220,401 |
| Average Home Value | $299,158 |
Housing Distribution
Address Breakdown
Residential
9,620
Single Family
8,898
Multi-Family
722
Businesses
1,181
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Listed by: Andy D Collins • ERA Waldrop Real Estate
Mls Name: Strategic MLS Alliance
Mls ID: #517260
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.