29 Discovery LnCullmanAL35055
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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 29 Discovery Ln, Cullman, AL, 35055 offers $1,861/mo rent that, after a $1,058/mo payment, leaves $641/mo cash flow. Total monthly income is $1,861/mo, and annual cash flow is $7,691/yr on $71,637 cash. Return on cash invested measures 30.65% in year one, and rental yield stands at 10.33% at a $216,100 entry. Equity gained on principal adds $1,394/yr while 5% annual appreciation compounds into $59,704 by year five. Five-year ROI records 159.7% and total cumulative return in cash reaches $114,407. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,861/mo property income versus a $1,058/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
4,356 sqft 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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