1704 11th Pl SPhenix 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 1704 11th Pl S, Phenix City, AL, 36869 generates $971/mo in rent and, after a $612/mo payment, leaves $265/mo in cash flow. Total monthly income is $971/mo, and annual cash flow is $3,183/yr on $41,438 invested. Return on cash invested sits at 27.59% in year one, and rental yield is 9.32% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 143.42% and total cumulative return in cash sums $59,429. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $971/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
0.45 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: Morgan Thompson • Berkshire Hathaway Home Servic
Mls Name: East Alabama BOR
Mls ID: #E102296