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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Phenix City, AL
Listed for sale 1 day ago
$ 135,000
ROI
26.6
Cash Flow/m
258- 2 Bed
- 1 Bath
- 806 sft
700 12th Ave, Phenix City, AL, 36867
Listed for sale 2 days ago
$ 269,900
ROI
24.8Cash Flow/m
377- 4 Bed
- 2 Bath
- 1790 sft
493 Lee Road 2170, Phenix City, AL, 36870
Listed for sale 3 days ago
$ 329,900
ROI
29.5Cash Flow/m
898- 4 Bed
- 2 Bath
- 1996 sft
38 Maggy Ct, Phenix City, AL, 36867
Listed for sale 3 days ago
$ 229,000
ROI
29.6Cash Flow/m
627- 3 Bed
- 2 Bath
- 1368 sft
1103 28th Pl, Phenix City, AL, 36867
Why Invest in Phenix City, Alabama?
Discover investment opportunities in Phenix City, AL properties under $500k, offering strong value in a growing market. Home values have risen 3% annually, with median prices around $200k-$250k fitting well under budget[2][1]. Rental demand supports yields near 7%, bolstered by proximity to Columbus, GA jobs. Cap rates hover at 6-8% for cash-flow positive single-family homes. Appreciation trends and low entry costs make it ideal for long-term investors.
9.5%
Avg. ROI
7.2%
Rental Yield
7.1%
Cap Rate
$420/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Expect avg ROI around 9-10% with rental yields of 7% on single-family homes. Cash flow averages $400+ monthly after expenses. Appreciation supports long-term gains at 3% yearly.
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