2004 Evans Ln NECullmanAL35058
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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 2004 Evans Ln NE, Cullman, AL, 35058 listed at $472,900 pairs $3,293/mo rent with a $2,315/mo payment to leave $623/mo cash flow. Total monthly income runs $3,293/mo, and annual cash flow reaches $7,480/yr on $156,766 cash to close. Return on cash invested measures 24.68% in year one, and rental yield registers 8.36% at a $472,900 basis. Equity gained on principal adds $3,052/yr, and annual property appreciation at 5% supports $130,654 by year five. Five-year ROI tracks 127.73% and total cumulative return in cash totals $200,239. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,293/mo property income relative to a $2,315/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
8,712 sqft 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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