1518 5th Ave SECullmanAL35055
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1518 5th Ave SE, Cullman, AL, 35055 uses $115,694 cash to close to unlock $507/yr annual cash flow and $42/mo monthly cash flow. Total monthly income runs $2,012/mo, and a $1,708/mo payment keeps the spread at $42/mo. Purchase price stands at $349,000, and rental yield measures 6.92% with $2,012/mo rent. Return on cash invested shows 20.35% in year one, and 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 104.5% and total cumulative return in cash records $120,900. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,012/mo property income covering a $1,708/mo payment rather than investor’s personal income.
Single Family
Built in 1993
0.38 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices