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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Phenix City at 12 Cedarwood Ln, Phenix City, AL, 36870 generates $2,179/mo in rent and, after a $1,463/mo payment, leaves $312/mo in cash flow. Total monthly income is $2,179/mo, and annual cash flow is $3,739/yr on $99,119 invested. Return on cash invested sits at 23.68% in year one, and rental yield is 8.75% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 123.15% and total cumulative return in cash sums $122,062. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,179/mo property income rather than buyer’s personal income.
Single Family
Built in 2011
0.28 Acres lot
$N/A/sqft
$275 annually HOA
Neighborhood data shown for ZIP Code: 36870, Phenix City, AL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,056 (100%) |
| Owner Occupied HU | 5,402 (67.1%) |
| Renter Occupied HU | 2,051 (25.5%) |
| Vacant Housing Units | 603 ( 7.5%) |
| Median Home Value | $207,248 |
| Average Home Value | $240,305 |
Residential
7,565
Single Family
7,360
Multi-Family
205
Businesses
254
Date | Event | Price |
|---|---|---|
| 2025-04-24 | Sold | $299,000 |
| 2025-03-28 | Contingent | $299,000 |
| 2025-03-14 | Listed for sale | $299,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-22 | $3084.00 | 124.85% | $51,400 | 124.85% |
| 2022-10-22 | $1371.60 | 40.50% | $22,860 | 19.06% |
| 2021-10-22 | $976.20 | 3.99% | $19,200 | 3.78% |
What's Special
Pull Down Stairs
Listed by: Verronica Smith • Lokation Real Estate
Mls Name: East Alabama BOR
Mls Provider:
Mls ID: #E100466
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.
