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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 2610 Tillery Ln #1, Phenix City, AL, 36867 offers a 7.91% rental yield on a $169,900 purchase with $1,120/mo rent. Total monthly income registers $1,120/mo, and a $832/mo payment leaves $161/mo available for distribution. Annual cash flow reaches $1,927/yr on $56,322 to close, and return on cash invested stands at 23.33% in year one. Equity gained on principal adds $1,096/yr while 5% annual appreciation supports $46,940 over five years. Portfolio math shows five-year ROI at 120.51% and total cumulative return in cash at $67,874. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,120/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1986
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 36867, Phenix City, AL area.
| 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 |
Residential
10,181
Single Family
8,150
Multi-Family
2,031
Businesses
738
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Rodney Niles • Platinum Properties
Mls Name: East Alabama BOR
Mls ID: #E101718
