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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 306 21st Ave, Phenix City, AL, 36869 uses $84,499 cash to close to unlock $2,818/yr annual cash flow and $235/mo monthly cash flow. Total monthly income runs $1,674/mo, and a $1,248/mo payment keeps the spread at $235/mo. Purchase price stands at $254,900, and rental yield measures 7.88% with $1,674/mo rent. Return on cash invested shows 23.24% in year one, and 5% annual appreciation builds toward $70,424 over five years. Five-year ROI reaches 120.02% and total cumulative return in cash records $101,412. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,674/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 2025
0.27 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 |
|---|---|---|
| 2025-04-21 | Listed for sale | $254,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-23 | $127.44 | N/A | $2,160 | N/A |
| 2022-04-23 | $127.44 | N/A | $2,160 | N/A |
| 2021-04-23 | $127.44 | N/A | $2,160 | N/A |
Listed by: Steve Kash • Keller Williams Realty River Cities
Mls Name: CBORGA
Mls Provider:
Mls ID: #220637
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.
