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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 700 Idle Hour Dr, Phenix City, AL, 36867 priced at $199,000 pairs $1,649/mo rent with $526/mo cash flow after a $974/mo payment. Total monthly income equals $1,649/mo, and annual cash flow comes to $6,309/yr on $65,969 invested. Return on cash invested is 29.47% in year one, and rental yield stands at 9.94% on a $199,000 basis. Equity gained on principal adds $1,284/yr, and 5% annual appreciation accumulates to $54,980 by year five. Five-year ROI measures 153.41% and total cumulative return in cash reaches $101,202. For financing, Ziffy Mortgage’s DSCR program evaluates $1,649/mo property income against a $974/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1966
0.27 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 |
|---|---|---|
| 2025-01-04 | Listed for sale | $199,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-29 | $600.96 | N/A | $11,440 | 11.94% |
| 2022-01-29 | N/A | N/A | $10,220 | 9.19% |
| 2021-01-29 | N/A | N/A | $9,360 | 5.88% |
Listed by: Will Rembert • Prestige Property Brokers LLC
Mls Name: CBORGA
Mls Provider:
Mls ID: #218709
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.
