Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 315 Irish Ln, Phenix City, AL, 36869 priced at $243,500 converts $1,751/mo rent into $260/mo cash flow after a $1,192/mo obligation. Total monthly income equals $1,751/mo, and annual cash flow totals $3,119/yr on $80,720 invested. Return on cash invested prints 23.77% in year one, and rental yield reads 8.63% against a $243,500 entry. Equity gained on principal adds $1,571/yr, while 5% annual appreciation compiles into $67,275 by year five. Five-year ROI reaches 123.46% and total cumulative return in cash sums $99,657. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,751/mo property income covering a $1,192/mo payment, not borrower’s personal income.
Single Family
Built in 2013
7,387 sqft 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 |
|---|---|---|
| 2025-01-18 | Price change | $243,500 |
| 2025-01-08 | Price change | $246,500 |
| 2024-12-13 | Price change | $248,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-20 | $2371.80 | 10.14% | $40,200 | 10.14% |
| 2022-01-20 | $2153.50 | 139.41% | $36,500 | 121.21% |
| 2021-01-20 | $899.50 | 17.77% | $16,500 | 16.20% |
Listed by: Dorothy Loyal • Nexthome Infinite Real Estate Solutions LLC
Mls Name: East Alabama BOR
Mls Provider:
Mls ID: #E99539
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.
