Is Phenix City, AL a good place to invest in rental property?

Phenix City, AL has a median modeled monthly cash flow of $-301 and a median cap rate of 5.0%, on a median sold price of $235,000. Prices changed +0.7% year over year.

What is the average cap rate in Phenix City, AL?

The median cap rate across recently sold homes in Phenix City, AL is 5.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Phenix City, AL?

The median sold price in Phenix City, AL is $235,000 (about $140 per square foot).

Investing in Phenix City, AL Real Estate

A data-driven snapshot of the Phenix City, AL rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$235,000Median sold price

$140Median $/sqft

5.0%Median cap rate

$-301Modeled cash flow / mo

+0.7%Appreciation YoY

6.7Months of supply

346Active listings

622Sold (last 12 mo)

What the Phenix City numbers say

In Phenix City, AL, the median home sold for $235,000 (about $140 per square foot), and the typical deal models out to a 5.0% cap rate with a median $-301 of monthly cash flow. Sold prices moved +0.7% over the past year. Inventory sits at about 6.7 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Alabama markets to compare

See Phenix City cash-flowing listings

CashFlowRE ranks every for-sale home in Phenix City, AL by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Phenix City deals, or browse the national market data.