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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 Maggy Ct, Phenix City, AL, 36867 priced at $300,000 pairs $2,848/mo rent with $1,107/mo cash flow after a $1,468/mo payment. Total monthly income equals $2,848/mo, and annual cash flow comes to $13,278/yr on $99,450 invested. Return on cash invested is 33.26% in year one, and rental yield stands at 11.39% on a $300,000 basis. Equity gained on principal adds $1,936/yr, and 5% annual appreciation accumulates to $82,884 by year five. Five-year ROI measures 173.96% and total cumulative return in cash reaches $173,004. For financing, Ziffy Mortgage’s DSCR program evaluates $2,848/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2010
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 36867, Phenix City, AL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,988 (100%) |
| Owner Occupied HU | 4,689 (42.7%) |
| Renter Occupied HU | 5,283 (48.1%) |
| Vacant Housing Units | 1,016 ( 9.2%) |
| Median Home Value | $205,048 |
| Average Home Value | $271,717 |
Residential
10,181
Single Family
8,150
Multi-Family
2,031
Businesses
738
Date | Event | Price |
|---|---|---|
| 2024-12-27 | Sold | $300,000 |
| 2024-11-26 | Pending sale | $325,500 |
| 2024-11-18 | Price change | $325,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-22 | $1783.20 | 8.31% | $29,720 | 8.31% |
| 2022-10-22 | $1646.40 | 13.86% | $27,440 | 13.86% |
| 2021-10-22 | $1446.00 | 2.12% | $24,100 | 2.12% |
Listed by: AMY PARKER • EXIT REALTY ANCHOR SOUTH
Mls Name: LCMLS
Mls ID: #171866
Disclaimer: The data relating to real estate for sale on this web-site comes in part from the Internet Data Exchange Program of Lee County Association of REALTORS. Information is deemed reliable but is not guaranteed.
