1104 Deramus CtPrattvilleAL36066
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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 Prattville at 1104 Deramus Ct, Prattville, AL, 36066 priced at $219,400 converts $2,132/mo rent into $893/mo cash flow after a $1,074/mo obligation. Total monthly income equals $2,132/mo, and annual cash flow totals $10,721/yr on $72,731 invested. Return on cash invested prints 34.65% in year one, and rental yield reads 11.66% against a $219,400 entry. Equity gained on principal adds $1,416/yr, while 5% annual appreciation compiles into $60,616 by year five. Five-year ROI reaches 181.23% and total cumulative return in cash sums $131,811. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,132/mo property income covering a $1,074/mo payment, not borrower’s personal income.
Single Family
Built in 1968
71 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36066, Prattville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,821 (100%) |
| Owner Occupied HU | 5,835 (59.4%) |
| Renter Occupied HU | 3,535 (36.0%) |
| Vacant Housing Units | 451 ( 4.6%) |
| Median Home Value | $233,018 |
| Average Home Value | $261,985 |
Housing Distribution
Address Breakdown
Residential
9,473
Single Family
8,706
Multi-Family
767
Businesses
562
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