53 Lee Road 466Phenix CityAL36870
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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 53 Lee Road 466, Phenix City, AL, 36870 offers a 9.64% rental yield on a $129,900 purchase with $1,044/mo rent. Total monthly income registers $1,044/mo, and a $636/mo payment leaves $311/mo available for distribution. Annual cash flow reaches $3,727/yr on $43,062 to close, and return on cash invested stands at 28.56% in year one. Equity gained on principal adds $838/yr while 5% annual appreciation supports $35,889 over five years. Portfolio math shows five-year ROI at 148.6% and total cumulative return in cash at $63,991. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,044/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1988
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36870, Phenix City, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,056 (100%) |
| Owner Occupied HU | 5,402 (67.1%) |
| Renter Occupied HU | 2,051 (25.5%) |
| Vacant Housing Units | 603 ( 7.5%) |
| Median Home Value | $207,248 |
| Average Home Value | $240,305 |
Housing Distribution
Address Breakdown
Residential
7,565
Single Family
7,360
Multi-Family
205
Businesses
254
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Listed by: Michael Terrell • Keller Williams Realty River Cities
Mls Name: CBORGA
Mls ID: #223661