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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 6 Leah Ct, Phenix City, AL, 36869 offers $2,550/mo rent that, after a $1,317/mo payment, leaves $1,031/mo cash flow. Total monthly income is $2,550/mo, and annual cash flow is $12,375/yr on $89,174 cash. Return on cash invested measures 33.79% in year one, and rental yield stands at 11.38% at a $269,000 entry. Equity gained on principal adds $1,736/yr while 5% annual appreciation compounds into $74,320 by year five. Five-year ROI records 176.58% and total cumulative return in cash reaches $157,463. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,550/mo property income versus a $1,317/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 36869, Phenix City, AL area.
| 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 |
Residential
9,240
Single Family
8,314
Multi-Family
926
Businesses
256
Date | Event | Price |
|---|---|---|
| 2025-06-05 | Listed for sale | $269,000 |
| 2024-02-15 | Sold | $238,000 |
| 2024-01-15 | Contingent | $229,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-06 | N/A | N/A | $21,300 | 12.46% |
| 2022-06-06 | $1043.46 | 12.75% | $18,940 | 11.81% |
| 2021-06-06 | $925.46 | 8.58% | $16,940 | 7.90% |
Listed by: Evelyn Forston • Keller Williams Realty River Cities
Mls Name: CBORGA
Mls Provider:
Mls ID: #221452
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.
