802 28th StPhenix CityAL36867
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
Investment property for sale in Phenix City at 802 28th St, Phenix City, AL, 36867 earns $335/mo cash flow from $1,351/mo rent with a $881/mo payment. Total monthly income totals $1,351/mo, and annual cash flow totals $4,021/yr on $59,637 capital. ROI tracks 26.65% on current figures, and rental yield reads 9.01% at a $179,900 purchase. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 over five years. Five-year ROI reaches 138.35% and total cumulative return in cash sums $82,509. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,351/mo property income instead of your personal income.
Single Family
Built in 1962
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36867, Phenix City, AL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
10,181
Single Family
8,150
Multi-Family
2,031
Businesses
738
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hunter Ward • COLDWELL BANKER - KPDD
Mls Name: East Alabama BOR
Mls ID: #E102251