2919 Phelan Cir SECullmanAL35077
INVESTMENT ANALYSIS
Investment Verdict
Solid Income2919 Phelan Cir SE, Cullman, AL, 35077 in Cullman is a solid income-producing rental, 8.68% gross yield, $1,736/mo rent, $282/mo net cash flow on a $240,000 buy. DSCR 1.61 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $66,308 and $2,210/yr in principal reduction project a total cumulative return of $108,990.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 6.8% |
| Monthly Cash Flow | $282 | $450 |
City averages based on Cullman market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,736 |
| Total Monthly Debt Service | $1,359 |
| DSCR Ratio | 1.28x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2014
6,969 sqft lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35077, Hanceville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,443 (100%) |
| Owner Occupied HU | 4,445 (69.0%) |
| Renter Occupied HU | 1,436 (22.3%) |
| Vacant Housing Units | 562 ( 8.7%) |
| Median Home Value | $200,496 |
| Average Home Value | $263,431 |
Housing Distribution
Address Breakdown
Residential
5,969
Single Family
5,904
Multi-Family
65
Businesses
347
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2014
6,969 sqft lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35077, Hanceville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,443 (100%) |
| Owner Occupied HU | 4,445 (69.0%) |
| Renter Occupied HU | 1,436 (22.3%) |
| Vacant Housing Units | 562 ( 8.7%) |
| Median Home Value | $200,496 |
| Average Home Value | $263,431 |
Housing Distribution
Address Breakdown
Residential
5,969
Single Family
5,904
Multi-Family
65
Businesses
347
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: AGENT NON-MEMBER • CULLMAN ASSOCIATION OF REALTORS
Mls Name: Strategic MLS Alliance
Mls ID: #520737
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.