491 County Road 1402CullmanAL35058
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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 491 County Road 1402, Cullman, AL, 35058 generates $2,552/mo in rent and, after a $1,953/mo payment, leaves $300/mo in cash flow. Total monthly income is $2,552/mo, and annual cash flow is $3,597/yr on $132,269 invested. Return on cash invested sits at 22.63% in year one, and rental yield is 7.68% on a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 116.7% and total cumulative return in cash sums $154,358. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,552/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
0.58 Acres 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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