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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% |
Rental property for sale in Phenix City at 403 Grey Moss Cv, Phenix City, AL, 36867 priced at $1,699,999 converts $2,760/mo rent into after a $8,321/mo obligation. Total monthly income equals $2,760/mo. Return on cash invested prints 5.3% in year one, and rental yield reads 1.95% against a $1,699,999 entry. Equity gained on principal adds $10,970/yr, while 5% annual appreciation compiles into $469,678 by year five. Five-year ROI reaches 23.71% and total cumulative return in cash sums $130,603. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,760/mo property income covering a $8,321/mo payment, not borrower’s personal income.
Single Family
Built in 1988
1.19 Acres lot
$N/A/sqft
$1,000 annually HOA
Neighborhood data shown for ZIP Code: 36867, Phenix City, AL area.
| 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 |
Residential
10,181
Single Family
8,150
Multi-Family
2,031
Businesses
738
Date | Event | Price |
|---|---|---|
| 2025-03-21 | Listed for sale | $1,699,999 |
| 2022-08-10 | Sold | $750,000 |
| 2020-05-15 | Listing removed | $1,400,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-24 | $6068.20 | -50.62% | $102,420 | -50.00% |
| 2022-03-24 | $12289.20 | 5.06% | $204,820 | 5.06% |
| 2021-03-24 | $11697.60 | N/A | $194,960 | N/A |
No similar price properties found nearby.
Listed by: Chris Goins • Platinum Properties
Mls Name: East Alabama BOR
Mls Provider:
Mls ID: #E100513
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.
