8 Nelson DrPhenix CityAL36869
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Phenix City at 8 Nelson Dr, Phenix City, AL, 36869 offers $1,358/mo rent that, after a $881/mo payment, leaves $342/mo cash flow. Total monthly income is $1,358/mo, and annual cash flow is $4,104/yr on $59,670 cash. Return on cash invested measures 26.79% in year one, and rental yield stands at 9.05% at a $180,000 entry. Equity gained on principal adds $1,162/yr while 5% annual appreciation compounds into $49,731 by year five. Five-year ROI records 139.01% and total cumulative return in cash reaches $82,949. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,358/mo property income versus a $881/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36869, Phenix City, AL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
9,240
Single Family
8,314
Multi-Family
926
Businesses
256
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kelsie Capes • Champions Realty
Mls Name: East Alabama BOR
Mls ID: #E101376