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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 15 Kennedy St, Phenix City, AL, 36869 offers $1,752/mo rent that, after a $978/mo payment, leaves $624/mo cash flow. Total monthly income is $1,752/mo, and annual cash flow is $7,489/yr on $66,267 cash. Return on cash invested measures 31.21% in year one, and rental yield stands at 10.52% at a $199,900 entry. Equity gained on principal adds $1,290/yr while 5% annual appreciation compounds into $55,229 by year five. Five-year ROI records 162.78% and total cumulative return in cash reaches $107,869. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,752/mo property income versus a $978/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
0.39 Acres 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 |
|---|---|---|
| 2025-09-16 | Sold | $199,900 |
| 2025-08-17 | Pending sale | $199,900 |
| 2025-08-14 | Listed for sale | $199,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-17 | $462.64 | -1.83% | $14,240 | -1.66% |
| 2023-10-17 | $471.28 | 3.97% | $14,480 | 3.58% |
| 2022-10-17 | $453.28 | 30.73% | $13,980 | 26.86% |
Listed by: Alison Cox • Keller Williams Realty River Cities
Mls Name: CBORGA
Mls Provider:
Mls ID: #222843
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.
