163 County Road 1516CullmanAL35058
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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 163 County Road 1516, Cullman, AL, 35058 earns $232/mo cash flow from $929/mo rent with a $604/mo payment. Total monthly income totals $929/mo, and annual cash flow totals $2,788/yr on $40,940 capital. ROI tracks 26.72% on current figures, and rental yield reads 9.03% at a $123,500 purchase. Equity gained on principal adds $797/yr, and 5% annual appreciation supports $34,121 over five years. Five-year ROI reaches 138.73% and total cumulative return in cash sums $56,798. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $929/mo property income instead of your personal income.
Single Family
Built in 1976
1 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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