765 Mill Pond DrPhenix CityAL36870
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Phenix City at 765 Mill Pond Dr, Phenix City, AL, 36870 listed at $192,000 pairs $1,539/mo rent with a $940/mo payment to leave $455/mo cash flow. Total monthly income runs $1,539/mo, and annual cash flow reaches $5,460/yr on $63,648 cash to close. Return on cash invested measures 28.49% in year one, and rental yield registers 9.62% at a $192,000 basis. Equity gained on principal adds $1,239/yr, and annual property appreciation at 5% supports $53,046 by year five. Five-year ROI tracks 148.12% and total cumulative return in cash totals $94,276. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,539/mo property income relative to a $940/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2008
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36870, Phenix City, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,056 (100%) |
| Owner Occupied HU | 5,402 (67.1%) |
| Renter Occupied HU | 2,051 (25.5%) |
| Vacant Housing Units | 603 ( 7.5%) |
| Median Home Value | $207,248 |
| Average Home Value | $240,305 |
Housing Distribution
Address Breakdown
Residential
7,565
Single Family
7,360
Multi-Family
205
Businesses
254
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Listed by: Nicole Jones • Century 21 Premier Real Estate
Mls Name: East Alabama BOR
Mls ID: #E101441