404 19th AvePhenix CityAL36869
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 404 19th Ave, Phenix City, AL, 36869 uses $82,875 cash to close to unlock $5,649/yr annual cash flow and $471/mo monthly cash flow. Total monthly income runs $1,896/mo, and a $1,224/mo payment keeps the spread at $471/mo. Purchase price stands at $250,000, and rental yield measures 9.1% with $1,896/mo rent. Return on cash invested shows 26.73% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 138.76% and total cumulative return in cash records $114,994. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,896/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1955
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36869, Phenix City, AL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
9,240
Single Family
8,314
Multi-Family
926
Businesses
256
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cynthia Hymon • Radiant Real Estate Services, LLC
Mls Name: CBORGA
Mls Provider:
Mls ID: #222009
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.