117 4th St SECullmanAL35055
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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
Rental property for sale in Cullman at 117 4th St SE, Cullman, AL, 35055 generates $1,382/mo in rent, after a $3,764/mo payment. Total monthly income is $1,382/mo. Return on cash invested sits at 6.03% in year one, and rental yield is 2.16% on a $769,000 entry. Equity gained on principal adds $4,962/yr, while 5% annual appreciation builds toward $212,461 over five years. Five-year ROI reaches 27.65% and total cumulative return in cash sums $69,955. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,382/mo property income rather than buyer’s personal income.
Condo
Built in 1900
3,049 sqft 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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