3310 7th AvePhenix CityAL36867
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 3310 7th Ave, Phenix City, AL, 36867 offers a 7.97% rental yield on a $266,500 purchase with $1,771/mo rent. Total monthly income registers $1,771/mo, and a $1,304/mo payment leaves $267/mo available for distribution. Annual cash flow reaches $3,206/yr on $88,345 to close, and return on cash invested stands at 23.54% in year one. Equity gained on principal adds $1,720/yr while 5% annual appreciation supports $73,629 over five years. Portfolio math shows five-year ROI at 121.63% and total cumulative return in cash at $107,454. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,771/mo property income against a $1,304/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.33 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Will Rembert • Prestige Property Brokers LLC
Mls Name: CBORGA
Mls ID: #222428