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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% |
Investment property for sale in Phenix City at 2 Coventry Ct, Phenix City, AL, 36870 with 5% annual appreciation on a $389,900 basis while $2,394/mo rent supports operations. Total monthly income totals $2,394/mo and a $1,908/mo payment preserves $145/mo for cash returns. Annual cash flow comes to $1,746/yr on $129,252 deployed, and return on cash invested reaches 21.26% in year one. Equity gained on principal adds $2,516/yr, and five-year appreciation sums $107,722 alongside rental yield of 7.37%. Five-year ROI measures 109.54% and total cumulative return in cash totals $141,589.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,394/mo property income versus a $1,908/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2013
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 36870, Phenix City, AL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,056 (100%) |
| Owner Occupied HU | 5,402 (67.1%) |
| Renter Occupied HU | 2,051 (25.5%) |
| Vacant Housing Units | 603 ( 7.5%) |
| Median Home Value | $207,248 |
| Average Home Value | $240,305 |
Residential
7,565
Single Family
7,360
Multi-Family
205
Businesses
254
Date | Event | Price |
|---|---|---|
| 2025-03-22 | Listed for sale | $389,900 |
| 2025-03-11 | Listed for rent | $3,000 |
| 2025-03-07 | Sold | $400,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-24 | $2137.20 | 19.05% | $35,620 | 19.05% |
| 2022-03-24 | $1795.20 | 6.63% | $29,920 | 6.63% |
| 2021-03-24 | $1683.60 | 1.52% | $28,060 | 1.52% |
Listed by: The Babb Team • Keller Williams Realty River Cities
Mls Name: CBORGA
Mls Provider:
Mls ID: #220103
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.
