1209 Main Ave NECullmanAL35055
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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 1209 Main Ave NE, Cullman, AL, 35055 offers $1,308/mo rent that, after a $620/mo payment, leaves $559/mo cash flow. Total monthly income is $1,308/mo, and annual cash flow is $6,708/yr on $42,001 cash. Return on cash invested measures 35.88% in year one, and rental yield stands at 12.39% at a $126,700 entry. Equity gained on principal adds $818/yr while 5% annual appreciation compounds into $35,005 by year five. Five-year ROI records 188.11% and total cumulative return in cash reaches $79,007. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,308/mo property income versus a $620/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.30 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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