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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% |
Investment property for sale in Phenix City at 62 Shadowridge Ln, Phenix City, AL, 36869 listed at $180,000 pairs $1,775/mo rent with a $881/mo payment to leave $759/mo cash flow. Total monthly income runs $1,775/mo, and annual cash flow reaches $9,108/yr on $59,670 cash to close. Return on cash invested measures 35.17% in year one, and rental yield registers 11.83% at a $180,000 basis. Equity gained on principal adds $1,162/yr, and annual property appreciation at 5% supports $49,731 by year five. Five-year ROI tracks 183.96% and total cumulative return in cash totals $109,769. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,775/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
0.41 Acres 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 |
|---|---|---|
| 2025-03-28 | Listed for sale | $180,000 |
| 2018-09-27 | Sold | $106,000 |
| 2018-09-01 | Pending sale | $106,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-31 | $438.16 | 12.79% | $13,560 | 11.33% |
| 2022-03-31 | $388.48 | 17.92% | $12,180 | 15.56% |
| 2021-03-31 | $329.44 | 2.69% | $10,540 | 2.33% |
Listed by: Tina Stewart • Bickerstaff Parham LLC
Mls Name: East Alabama BOR
Mls Provider:
Mls ID: #E100562
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.
