11 Lee Road 2123Phenix 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 11 Lee Road 2123, Phenix City, AL, 36867 offers a 9.21% rental yield on a $279,900 purchase with $2,148/mo rent. Total monthly income registers $2,148/mo, and a $1,370/mo payment leaves $568/mo available for distribution. Annual cash flow reaches $6,817/yr on $92,787 to close, and return on cash invested stands at 27.26% in year one. Equity gained on principal adds $1,806/yr while 5% annual appreciation supports $77,331 over five years. Portfolio math shows five-year ROI at 141.58% and total cumulative return in cash at $131,365. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,148/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
7,840 sqft 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: Cailey Huckaby • Keller Williams Realty River C
Mls Name: East Alabama BOR
Mls ID: #E102284