2004 Marengo DrDemopolisAL36732
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
Investment Highlights
Investment property for sale in Demopolis at 2004 Marengo Dr, Demopolis, AL, 36732 at $299,900 posts ROI 26.98% with $586/mo cash flow from $2,302/mo rent. Total monthly income equals $2,302/mo, and annual cash flow records $7,030/yr on $99,417 to close. Return on cash invested measures 26.98% and rental yield reads 9.21% at the current $299,900. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 by year five. Five-year ROI prints 140.15% and total cumulative return in cash totals $139,336.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,302/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1987
0.25 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
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Listed by: Jamie Farris • RealtySouth Bungalow's
Mls Name: WAMLS
Mls Provider:
Mls ID: #166214
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.