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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 7 Forest Ridge Ct, Phenix City, AL, 36869 with 5% annual appreciation on a $235,000 basis while $1,964/mo rent supports operations. Total monthly income totals $1,964/mo and a $1,150/mo payment preserves $638/mo for cash returns. Annual cash flow comes to $7,653/yr on $77,903 deployed, and return on cash invested reaches 29.73% in year one. Equity gained on principal adds $1,516/yr, and five-year appreciation sums $64,926 alongside rental yield of 10.03%. Five-year ROI measures 154.83% and total cumulative return in cash totals $120,616.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,964/mo property income versus a $1,150/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2014
5,662 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 |
|---|---|---|
| 2025-10-20 | Sold | $235,000 |
| 2025-09-15 | Pending sale | $235,000 |
| 2025-09-12 | Price change | $235,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-29 | N/A | N/A | $20,640 | 1.88% |
| 2023-10-29 | N/A | N/A | $20,260 | 34.71% |
| 2022-10-29 | N/A | N/A | $15,040 | 1.48% |
Listed by: Marshay Rogers • Keller Williams Realty River Cities
Mls Name: CBORGA
Mls Provider:
Mls ID: #222496
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.
