2606 Poyner DrPhenix 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
Investment property for sale in Phenix City at 2606 Poyner Dr, Phenix City, AL, 36870 uses $62,322 cash to close to unlock $4,044/yr annual cash flow and $337/mo monthly cash flow. Total monthly income runs $1,398/mo, and a $920/mo payment keeps the spread at $337/mo. Purchase price stands at $188,000, and rental yield measures 8.92% with $1,398/mo rent. Return on cash invested shows 26.4% in year one, and 5% annual appreciation builds toward $51,941 over five years. Five-year ROI reaches 136.92% and total cumulative return in cash records $85,328. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,398/mo property income covering a $920/mo payment rather than investor’s personal income.
Single Family
Built in 1954
0.46 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: Kim Mixon • Keller Williams Realty River Cities
Mls Name: CBORGA
Mls Provider:
Mls ID: #221751
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.