1902 6th CtPhenix CityAL36867
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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
Investment property for sale in Phenix City at 1902 6th Ct, Phenix City, AL, 36867 earns $914/mo cash flow from $1,562/mo rent with a $562/mo payment. Total monthly income totals $1,562/mo, and annual cash flow totals $10,966/yr on $38,089 capital. ROI tracks 48.7% on current figures, and rental yield reads 16.31% at a $114,900 purchase. Equity gained on principal adds $741/yr, and 5% annual appreciation supports $31,745 over five years. Five-year ROI reaches 256.52% and total cumulative return in cash sums $97,706. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,562/mo property income instead of your personal income.
Multi Family
Built in 2008
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36867, Phenix City, AL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
10,181
Single Family
8,150
Multi-Family
2,031
Businesses
738
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Listed by: David Stanton • All Star Realty
Mls Name: CBORGA
Mls ID: #222067