122 County Road 1423CullmanAL35058
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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 122 County Road 1423, Cullman, AL, 35058 generates $1,828/mo in rent, after a $2,065/mo payment. Total monthly income is $1,828/mo. Return on cash invested sits at 15.16% in year one, and rental yield is 5.2% on a $422,000 entry. Equity gained on principal adds $2,723/yr, while 5% annual appreciation builds toward $116,591 over five years. Five-year ROI reaches 76.68% and total cumulative return in cash sums $107,267. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,828/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
5.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35058, Cullman, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,205 (100%) |
| Owner Occupied HU | 3,767 (72.4%) |
| Renter Occupied HU | 1,041 (20.0%) |
| Vacant Housing Units | 397 ( 7.6%) |
| Median Home Value | $237,469 |
| Average Home Value | $288,506 |
Housing Distribution
Address Breakdown
Residential
4,991
Single Family
4,991
Multi-Family
0
Businesses
321
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Listed by: Crystal Parker • Happy Homes Real Estate
Mls Name: Strategic MLS Alliance
Mls ID: #518067
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.