2219 Lakeshore Dr SWCullmanAL35057
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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
Rental property for sale in Cullman at 2219 Lakeshore Dr SW, Cullman, AL, 35057 priced at $530,000 converts $3,516/mo rent into $525/mo cash flow after a $2,594/mo obligation. Total monthly income equals $3,516/mo, and annual cash flow totals $6,294/yr on $174,370 invested. Return on cash invested prints 23.67% in year one, and rental yield reads 7.96% against a $530,000 entry. Equity gained on principal adds $3,420/yr, while 5% annual appreciation compiles into $146,429 by year five. Five-year ROI reaches 122.26% and total cumulative return in cash sums $213,187. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,516/mo property income covering a $2,594/mo payment, not borrower’s personal income.
Single Family
Built in 2001
0.52 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: Wes Warren • Happy Homes Real Estate
Mls Name: Strategic MLS Alliance
Mls ID: #523558
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.