301 Mayfair LnCullmanAL35057
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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 301 Mayfair Ln, Cullman, AL, 35057 uses $92,787 cash to close to unlock $4,489/yr annual cash flow and $374/mo monthly cash flow. Total monthly income runs $1,954/mo, and a $1,370/mo payment keeps the spread at $374/mo. Purchase price stands at $279,900, and rental yield measures 8.38% with $1,954/mo rent. Return on cash invested shows 24.75% in year one, and 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 128.1% and total cumulative return in cash records $118,861. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,954/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 2004
0.27 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: Andy Collins • ERA WALDROP REAL ESTATE
Mls Name: Strategic MLS Alliance
Mls ID: #520054
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.