311 Lee Road 219Phenix CityAL36870
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 311 Lee Road 219, Phenix City, AL, 36870 earns $115/mo cash flow from $1,747/mo rent with a $1,415/mo payment. Total monthly income totals $1,747/mo, and annual cash flow totals $1,383/yr on $95,804 capital. ROI tracks 21.35% on current figures, and rental yield reads 7.25% at a $289,000 purchase. Equity gained on principal adds $1,865/yr, and 5% annual appreciation supports $79,845 over five years. Five-year ROI reaches 109.9% and total cumulative return in cash sums $105,290. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,747/mo property income instead of your personal income.
Single Family
Built in 1977
0.70 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: Mike Foley • Coldwell Banker Kpdd - Phenix City
Mls Name: East Alabama BOR
Mls ID: #E101938