16 Will 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
Rental property for sale in Phenix City at 16 Will Ave, Phenix City, AL, 36869 priced at $234,900 converts $1,085/mo rent into after a $1,150/mo obligation. Total monthly income equals $1,085/mo. Return on cash invested prints 16.19% in year one, and rental yield reads 5.54% against a $234,900 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,899 by year five. Five-year ROI reaches 82.2% and total cumulative return in cash sums $64,005. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,085/mo property income covering a $1,150/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.40 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: Steve Kash • Keller Williams Realty River Cities
Mls Name: CBORGA
Mls ID: #224302