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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 1603 20th Ave, Phenix City, AL, 36867 generates $1,120/mo in rent and, after a $660/mo payment, leaves $349/mo in cash flow. Total monthly income is $1,120/mo, and annual cash flow is $4,185/yr on $44,719 invested. Return on cash invested sits at 29.27% in year one, and rental yield is 9.96% on a $134,900 entry. Equity gained on principal adds $870/yr, while 5% annual appreciation builds toward $37,270 over five years. Five-year ROI reaches 152.43% and total cumulative return in cash sums $68,165. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,120/mo property income rather than buyer’s personal income.
Multi Family
Built in 1951
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 36867, Phenix City, AL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,988 (100%) |
| Owner Occupied HU | 4,689 (42.7%) |
| Renter Occupied HU | 5,283 (48.1%) |
| Vacant Housing Units | 1,016 ( 9.2%) |
| Median Home Value | $205,048 |
| Average Home Value | $271,717 |
Residential
10,181
Single Family
8,150
Multi-Family
2,031
Businesses
738
Date | Event | Price |
|---|---|---|
| 2025-01-07 | Price change | $134,900 |
| 2024-11-19 | Listed for sale | $135,000 |
| 2024-11-09 | Contingent | $135,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-29 | $660.80 | 26.70% | $11,200 | 26.70% |
| 2022-01-29 | $521.56 | N/A | $8,840 | N/A |
| 2021-01-29 | $521.56 | 5.74% | $8,840 | 5.74% |
Listed by: Kelly Johnson • Coldwell Banker / Kennon, Parker, Duncan & Davis
Mls Name: CBORGA
Mls Provider:
Mls ID: #217802
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.
