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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 9 Devonshire Dr, Phenix City, AL, 36870 uses $89,472 cash to close to unlock $5,479/yr annual cash flow and $457/mo monthly cash flow. Total monthly income runs $1,980/mo, and a $1,321/mo payment keeps the spread at $457/mo. Purchase price stands at $269,900, and rental yield measures 8.8% with $1,980/mo rent. Return on cash invested shows 26.03% in year one, and 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 134.97% and total cumulative return in cash records $120,762. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,980/mo property income covering a $1,321/mo payment rather than investor’s personal income.
Single Family
Built in 2005
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 36870, Phenix City, AL area.
| 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 |
Residential
7,565
Single Family
7,360
Multi-Family
205
Businesses
254
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Zach Jones • Keller Williams Realty River C
Mls Name: East Alabama BOR
Mls ID: #E102649
