10 Summertide DrPhenix CityAL36869
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 10 Summertide Dr, Phenix City, AL, 36869 in Phenix City. Priced at $310,900, it generates $2,747/mo in gross rent and $992/mo in net monthly cash flow, a 10.6% yield that comfortably supports the 1.96 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $11,903. Five-year appreciation: $85,896. Equity from principal paydown: $2,863/yr. Total projected cumulative return: $181,003.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 7.8% |
| Monthly Cash Flow | $992 | $420 |
City averages based on Phenix City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,747 |
| Total Monthly Debt Service | $1,631 |
| DSCR Ratio | 1.68x |
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 2025
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36869, Phenix City, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,978 (100%) |
| Owner Occupied HU | 4,896 (49.1%) |
| Renter Occupied HU | 3,977 (39.9%) |
| Vacant Housing Units | 1,105 (11.1%) |
| Median Home Value | $141,605 |
| Average Home Value | $170,815 |
Housing Distribution
Address Breakdown
Residential
9,240
Single Family
8,314
Multi-Family
926
Businesses
256
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 2025
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36869, Phenix City, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,978 (100%) |
| Owner Occupied HU | 4,896 (49.1%) |
| Renter Occupied HU | 3,977 (39.9%) |
| Vacant Housing Units | 1,105 (11.1%) |
| Median Home Value | $141,605 |
| Average Home Value | $170,815 |
Housing Distribution
Address Breakdown
Residential
9,240
Single Family
8,314
Multi-Family
926
Businesses
256
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christopher Kelly • Davidson Homes LLC 2
Mls Name: East Alabama BOR
Mls ID: #E101503