411 16th Ave SPhenix CityAL36869
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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 411 16th Ave S, Phenix City, AL, 36869 offers a 9.47% rental yield on a $114,000 purchase with $900/mo rent. Total monthly income registers $900/mo, and a $558/mo payment leaves $257/mo available for distribution. Annual cash flow reaches $3,078/yr on $37,791 to close, and return on cash invested stands at 28.05% in year one. Equity gained on principal adds $736/yr while 5% annual appreciation supports $31,496 over five years. Portfolio math shows five-year ROI at 145.86% and total cumulative return in cash at $55,123. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $900/mo property income against a $558/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
8,276 sqft 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
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Listed by: David Knapp • Keller Williams Realty Auburn
Mls Name: East Alabama BOR
Mls ID: #E102428