144 Lee Road 501Phenix CityAL36870
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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 144 Lee Road 501, Phenix City, AL, 36870 offers a 11.49% rental yield on a $241,000 purchase with $2,308/mo rent. Total monthly income registers $2,308/mo, and a $1,180/mo payment leaves $947/mo available for distribution. Annual cash flow reaches $11,367/yr on $79,892 to close, and return on cash invested stands at 34.14% in year one. Equity gained on principal adds $1,555/yr while 5% annual appreciation supports $66,584 over five years. Portfolio math shows five-year ROI at 178.46% and total cumulative return in cash at $142,576. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,308/mo property income against a $1,180/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36870, Phenix City, AL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
7,565
Single Family
7,360
Multi-Family
205
Businesses
254
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Listed by: Jared Wise • Century 21 Premier Real Estate
Mls Name: East Alabama BOR
Mls Provider:
Mls ID: #E101369
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.