2014 Marengo DrDemopolisAL36732
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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 Demopolis at 2014 Marengo Dr, Demopolis, AL, 36732 priced at $325,000 pairs $2,596/mo rent with $721/mo cash flow after a $1,591/mo payment. Total monthly income equals $2,596/mo, and annual cash flow comes to $8,651/yr on $107,738 invested. Return on cash invested is 27.94% in year one, and rental yield stands at 9.59% on a $325,000 basis. Equity gained on principal adds $2,097/yr, and 5% annual appreciation accumulates to $89,792 by year five. Five-year ROI measures 145.34% and total cumulative return in cash reaches $156,589. For financing, Ziffy Mortgage’s DSCR program evaluates $2,596/mo property income against a $1,591/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1989
0.42 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: Barbara Myers • Keller Williams Tuscaloosa
Mls Name: WAMLS
Mls Provider:
Mls ID: #163625
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.