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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 Willow Snapper Ln, Phenix City, AL, 36869 offers $2,443/mo rent that, after a $1,309/mo payment, leaves $726/mo cash flow. Total monthly income is $2,443/mo, and annual cash flow is $8,715/yr on $88,676 cash. Return on cash invested measures 29.74% in year one, and rental yield stands at 10.96% at a $267,500 entry. Equity gained on principal adds $1,726/yr while 5% annual appreciation compounds into $73,905 by year five. Five-year ROI records 155.89% and total cumulative return in cash reaches $138,236. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,443/mo property income versus a $1,309/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
6,059 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 36869, Phenix City, AL area.
| 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 |
Residential
9,240
Single Family
8,314
Multi-Family
926
Businesses
256
Date | Event | Price |
|---|---|---|
| 2024-12-13 | Sold | $267,500 |
| 2024-11-07 | Contingent | $265,000 |
| 2024-08-31 | Price change | $265,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $3555.34 | 1573.89% | $60,260 | 1573.89% |
| 2023-10-22 | $212.40 | N/A | $3,600 | N/A |
| 2022-10-22 | $212.40 | N/A | $3,600 | N/A |
Listed by: Lanitra Hicks • New Dominion Real Estate Broke
Mls Name: East Alabama BOR
Mls Provider:
Mls ID: #E98882
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.
