1015 11th AvePhenix CityAL36867
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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
Investment property for sale in Phenix City at 1015 11th Ave, Phenix City, AL, 36867 earns $217/mo cash flow from $850/mo rent with a $536/mo payment. Total monthly income totals $850/mo, and annual cash flow totals $2,609/yr on $36,299 capital. ROI tracks 27.1% on current figures, and rental yield reads 9.32% at a $109,500 purchase. Equity gained on principal adds $707/yr, and 5% annual appreciation supports $30,253 over five years. Five-year ROI reaches 140.92% and total cumulative return in cash sums $51,155. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $850/mo property income instead of your personal income.
Single Family
Built in 1940
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36867, Phenix City, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,988 (100%) |
| Owner Occupied HU | 4,689 (42.7%) |
| Renter Occupied HU | 5,283 (48.1%) |
| Vacant Housing Units | 1,016 ( 9.2%) |
| Median Home Value | $205,048 |
| Average Home Value | $271,717 |
Housing Distribution
Address Breakdown
Residential
10,181
Single Family
8,150
Multi-Family
2,031
Businesses
738
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Listed by: Zach Jones • Keller Williams Realty River C
Mls Name: East Alabama BOR
Mls Provider:
Mls ID: #E99975
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.