1605 Elmwood DrDemopolisAL36732
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe cash-flow margin at 1605 Elmwood Dr, Demopolis, AL, 36732 in Demopolis is narrow, $68/mo net on $1,914/mo rent after the $1,470/mo debt service, but the property operates at break-even-plus, not a loss. At $327,000 with a 7.02% yield, the long-run equity case via 5% appreciation ($90,344 over five years) and $3,012/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.30 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $127,634.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7% | 8.5% |
| Monthly Cash Flow | $68 | $400 |
City averages based on Demopolis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,914 |
| Total Monthly Debt Service | $1,716 |
| DSCR Ratio | 1.12x |
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 1975
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36732, Demopolis, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,874 (100%) |
| Owner Occupied HU | 2,071 (53.5%) |
| Renter Occupied HU | 1,303 (33.6%) |
| Vacant Housing Units | 500 (12.9%) |
| Median Home Value | $238,005 |
| Average Home Value | $225,221 |
Housing Distribution
Address Breakdown
Residential
3,437
Single Family
3,236
Multi-Family
201
Businesses
519
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 1975
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36732, Demopolis, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,874 (100%) |
| Owner Occupied HU | 2,071 (53.5%) |
| Renter Occupied HU | 1,303 (33.6%) |
| Vacant Housing Units | 500 (12.9%) |
| Median Home Value | $238,005 |
| Average Home Value | $225,221 |
Housing Distribution
Address Breakdown
Residential
3,437
Single Family
3,236
Multi-Family
201
Businesses
519
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices