2304 14th 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 2304 14th Ct, Phenix City, AL, 36867 earns $304/mo cash flow from $1,179/mo rent with a $759/mo payment. Total monthly income totals $1,179/mo, and annual cash flow totals $3,645/yr on $51,383 capital. ROI tracks 27% on current figures, and rental yield reads 9.13% at a $155,000 purchase. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 over five years. Five-year ROI reaches 140.18% and total cumulative return in cash sums $72,028. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,179/mo property income instead of your personal income.
Single Family
Built in 2004
6,969 sqft 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: Joseph Lefcourt • EXP Realty LLC Southern Branch
Mls Name: East Alabama BOR
Mls ID: #E102500