3305 Karen CtPhenix CityAL36867
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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 3305 Karen Ct, Phenix City, AL, 36867 uses $99,450 cash to close to unlock $5,580/yr annual cash flow and $465/mo monthly cash flow. Total monthly income runs $2,158/mo, and a $1,468/mo payment keeps the spread at $465/mo. Purchase price stands at $300,000, and rental yield measures 8.63% with $2,158/mo rent. Return on cash invested shows 25.52% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 132.21% and total cumulative return in cash records $131,484. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,158/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1999
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36867, Phenix City, AL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
10,181
Single Family
8,150
Multi-Family
2,031
Businesses
738
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Listed by: Will Rembert • Prestige Property Brokers LLC
Mls Name: CBORGA
Mls Provider:
Mls ID: #223599
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.