1546 Ridge St NWCullmanAL35055
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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 1546 Ridge St NW, Cullman, AL, 35055 uses $81,125 cash to close to unlock $4,278/yr annual cash flow and $356/mo monthly cash flow. Total monthly income runs $1,758/mo, and a $1,198/mo payment keeps the spread at $356/mo. Purchase price stands at $244,720, and rental yield measures 8.62% with $1,758/mo rent. Return on cash invested shows 25.18% in year one, and 5% annual appreciation builds toward $67,612 over five years. Five-year ROI reaches 130.54% and total cumulative return in cash records $105,896. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,758/mo property income covering a $1,198/mo payment rather than investor’s personal income.
Single Family
Built in 1963
1.40 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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Listed by: Mark Caudell • South Towne REALTORS
Mls Name: Strategic MLS Alliance
Mls ID: #522631
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.