240 Lee Road 2111Phenix CityAL36870
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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 240 Lee Road 2111, Phenix City, AL, 36870 generates $1,943/mo in rent and, after a $1,175/mo payment, leaves $588/mo in cash flow. Total monthly income is $1,943/mo, and annual cash flow is $7,056/yr on $79,560 invested. Return on cash invested sits at 28.78% in year one, and rental yield is 9.71% on a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 149.67% and total cumulative return in cash sums $119,078. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,943/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
0.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36870, Phenix City, AL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
7,565
Single Family
7,360
Multi-Family
205
Businesses
254
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Listed by: Donna Long • Real Broker, LLC
Mls Name: CBORGA
Mls Provider:
Mls ID: #221684
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.