1517 Bower Dr 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
Investment property for sale in Cullman at 1517 Bower Dr SE, Cullman, AL, 35055 earns $668/mo cash flow from $2,503/mo rent with a $1,591/mo payment. Total monthly income totals $2,503/mo, and annual cash flow totals $8,019/yr on $107,738 capital. ROI tracks 27.35% on current figures, and rental yield reads 9.24% at a $325,000 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 over five years. Five-year ROI reaches 142.07% and total cumulative return in cash sums $153,061. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,503/mo property income instead of your personal income.
Single Family
Built in 1994
0.51 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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