1116 28th AvePhenix CityAL36869
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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 1116 28th Ave, Phenix City, AL, 36869 listed at $212,000 pairs $1,682/mo rent with a $1,038/mo payment to leave $485/mo cash flow. Total monthly income runs $1,682/mo, and annual cash flow reaches $5,820/yr on $70,278 cash to close. Return on cash invested measures 28.19% in year one, and rental yield registers 9.52% at a $212,000 basis. Equity gained on principal adds $1,368/yr, and annual property appreciation at 5% supports $58,572 by year five. Five-year ROI tracks 146.53% and total cumulative return in cash totals $102,979. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,682/mo property income relative to a $1,038/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1951
0.34 Acres 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
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Listed by: Carson Paris • Keller Williams Realty River Cities
Mls Name: CBORGA
Mls ID: #225163