1686 Drake Ave 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 1686 Drake Ave SE, Cullman, AL, 35055 at $223,900 posts ROI 30% with $624/mo cash flow from $1,888/mo rent. Total monthly income equals $1,888/mo, and annual cash flow records $7,489/yr on $74,223 to close. Return on cash invested measures 30% and rental yield reads 10.12% at the current $223,900. Equity gained on principal adds $1,445/yr, and 5% annual appreciation supports $61,859 by year five. Five-year ROI prints 156.29% and total cumulative return in cash totals $116,004.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,888/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
N/A 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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