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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% |
Rental property for sale in Phenix City at 28 Red Maple Dr, Phenix City, AL, 36869 generates $2,059/mo in rent and, after a $1,463/mo payment, leaves $231/mo in cash flow. Total monthly income is $2,059/mo, and annual cash flow is $2,769/yr on $99,119 invested. Return on cash invested sits at 22.7% in year one, and rental yield is 8.26% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 117.74% and total cumulative return in cash sums $116,698. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,059/mo property income rather than buyer’s personal income.
Single Family
Built in 2011
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 36869, Phenix City, AL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,978 (100%) |
| Owner Occupied HU | 4,896 (49.1%) |
| Renter Occupied HU | 3,977 (39.9%) |
| Vacant Housing Units | 1,105 (11.1%) |
| Median Home Value | $141,605 |
| Average Home Value | $170,815 |
Residential
9,240
Single Family
8,314
Multi-Family
926
Businesses
256
Date | Event | Price |
|---|---|---|
| 2025-08-04 | Sold | $299,000 |
| 2025-06-23 | Pending sale | $299,000 |
| 2025-05-15 | Price change | $299,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-08 | $2887.46 | 6.07% | $48,940 | 6.07% |
| 2023-10-08 | $2722.26 | 12.48% | $46,140 | 12.48% |
| 2022-10-08 | $2420.18 | 20.08% | $41,020 | 20.08% |
Listed by: Megan Kennedy • EXP Realty LLC Southern Branch
Mls Name: East Alabama BOR
Mls Provider:
Mls ID: #E100830
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.
