186 County Road 248CullmanAL35057
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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 186 County Road 248, Cullman, AL, 35057 earns $288/mo cash flow from $994/mo rent with a $612/mo payment. Total monthly income totals $994/mo, and annual cash flow totals $3,459/yr on $41,438 capital. ROI tracks 28.26% on current figures, and rental yield reads 9.54% at a $125,000 purchase. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 over five years. Five-year ROI reaches 147.01% and total cumulative return in cash sums $60,917. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $994/mo property income instead of your personal income.
Manufactured
Built in 1985
3.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35057, Cullman, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,502 (100%) |
| Owner Occupied HU | 4,634 (71.3%) |
| Renter Occupied HU | 1,044 (16.1%) |
| Vacant Housing Units | 824 (12.7%) |
| Median Home Value | $242,343 |
| Average Home Value | $300,679 |
Housing Distribution
Address Breakdown
Residential
6,221
Single Family
6,221
Multi-Family
0
Businesses
206
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Listed by: Gennia F Wilhite • Weichert Realtors Cullman
Mls Name: Strategic MLS Alliance
Mls ID: #524876
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.