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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 62 Ivy Loop, Phenix City, AL, 36867 offers $2,394/mo rent that, after a $2,007/mo payment, leaves $32/mo cash flow. Total monthly income is $2,394/mo, and annual cash flow is $380/yr on $135,915 cash. Return on cash invested measures 20.19% in year one, and rental yield stands at 7.01% at a $410,000 entry. Equity gained on principal adds $2,646/yr while 5% annual appreciation compounds into $113,275 by year five. Five-year ROI records 103.79% and total cumulative return in cash reaches $141,059. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,394/mo property income versus a $2,007/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
7,840 sqft 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 |
|---|---|---|
| 2025-04-04 | Listed for sale | $410,000 |
| 2022-10-03 | Sold | $339,282 |
| 2022-04-05 | Pending sale | $339,282 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-16 | $2212.80 | 268.80% | $36,880 | 268.80% |
| 2022-04-16 | $600.00 | N/A | $10,000 | N/A |
Listed by: Tanja Cady • Keller Williams Realty River Cities
Mls Name: CBORGA
Mls Provider:
Mls ID: #220353
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.
