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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 1800 18th Ct, Phenix City, AL, 36867 generates $1,356/mo in rent, after a $1,224/mo payment. Total monthly income is $1,356/mo. Return on cash invested sits at 19.11% in year one, and rental yield is 6.51% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 97.84% and total cumulative return in cash sums $81,082. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,356/mo property income rather than buyer’s personal income.
Multi Family
Built in 1950
0.95 Acres 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Monica Smith • Coldwell Banker / Kennon, Parker, Duncan & Davis
Mls Name: CBORGA
Mls ID: #220803
