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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
$ 329,900
ROI
20.4
Cash Flow/m
58- 3 Bed
- 2 Bath
- 2091 sft
4002 27th Ave, Phenix City, AL, 36867
Listed for sale 4 days ago
$ 189,000
ROI
24.1Cash Flow/m
231- 2 Bed
- 2 Bath
- 1344 sft
4200 Bridgecrest Dr APT A2, PHENIX CITY, AL, 36867
$ 171,000
ROI
34.0Cash Flow/m
679- 3 Bed
- 2 Bath
- 1394 sft
1110 16th Ct S, Phenix city, AL, 36869
Listed for sale 1 day ago
$ 239,900
ROI
28.2Cash Flow/m
566- 3 Bed
- 2 Bath
- 1486 sft
63 Lee Road 555, 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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