6 Balsa DrPhenix 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 6 Balsa Dr, Phenix City, AL, 36869 with 5% annual appreciation on a $270,000 basis while $1,864/mo rent supports operations. Total monthly income totals $1,864/mo and a $1,322/mo payment preserves $340/mo for cash returns. Annual cash flow comes to $4,074/yr on $89,505 deployed, and return on cash invested reaches 24.46% in year one. Equity gained on principal adds $1,742/yr, and five-year appreciation sums $74,596 alongside rental yield of 8.28%. Five-year ROI measures 126.56% and total cumulative return in cash totals $113,281.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,864/mo property income versus a $1,322/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2010
0.33 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
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Listed by: Leonna Harris • 1st Class Real Estate Excellence
Mls Name: CBORGA
Mls ID: #224123