4308 Auburn Rd · Phenix City, AL 36870

$155,000

3 bd · 1.5 ba · 1,399 sqft · SingleFamily public records · 91 Days on market

Built 1965 10,019 sqft lot $111/sqft · 34% below area Est $235k · 34% under

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Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +28.4/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +7.0/10.0
• Livability +3.0/5.0
• Schools +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Whether you’re a first-time buyer looking to make a home your own or an investor searching for your next opportunity, this property offers plenty of possibilities. Inside, you’ll find a welcoming living area that flows into the kitchen with ample cabinetry and a center island. The home features three bedrooms, one full bath, a spacious laundry room, and a large backyard with room to expand, garden, entertain, or create the outdoor space you’ve been wanting. Being sold as-is, this home is ideal for someone ready to add their own personal touch and build equity along the way. Priced at less than the cost of renting, this is an opportunity you don’t want to miss. Located just off Auburn Road and minutes from town, shopping, restaurants, and everyday amenities, this single-story ranch is packed with potential. Schedule your showing today!

Key facts

• Ample cabinetry
• Single-story ranch
• Large backyard

Tags

• SINGLE-STORY RANCH
• WELCOMING LIVING AREA
• AMPLE CABINETRY
• CENTER ISLAND
• SPACIOUS LAUNDRY ROOM
• LARGE BACKYARD

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $155k.

Deal economics

• At list price, monthly cash flow is $500 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $155k).
• Recommended offer: $141k (9.0% below list) — sets the bar for market timing.
• Cap rate 10.2% vs local median 5.0% in Phenix City — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 60/100 on livability (#297 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: schools D+, crime F, amenities F.
• Russell County (rural): math 18% / reading 45% proficiency, ranked #65 of 129 in AL (top 50%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 132 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 183 units permitted in Russell County in 2024 (0 in 5+ unit buildings).
• This rent runs 31% of the median local income ($72k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Russell County population projected at +42% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $43k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 91 days — a 9% lower offer ($141k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 4y ago; this cycle's ask has dropped $10k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $141,050 (9.0% below list)

Questions for the listing agent

1. It's been on market 91 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1965 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.20% ✓
• Cap rate: 10.17%
• Cash-on-cash: 13.84%
• DSCR: 1.62
• GRM: 7.0

CMA / ARV

• ARV (median comp): $234,694
• List price: $155,000
• Delta: -33.96%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1905 Harbuck Dr	0.18mi	3/2.0	1,357 (-3%)	9mo	$230,000	$169	77
2500 Poyner Dr	0.39mi	3/2.0	1,416 (+1%)	14mo	$187,500	$132	66
3909 Auburn Rd	0.21mi	3/1.0	1,350 (-4%)	22mo	$94,000	$70	64
2606 Poyner Dr	0.43mi	3/2.0	1,517 (+8%)	10mo	$188,000	$124	56
40 Old Crawford Rd	0.52mi	3/1.0	1,428 (+2%)	19mo	$182,500	$128	54
1903 Kittrell Dr	0.48mi	3/2.0	1,510 (+8%)	11mo	$220,000	$146	53
3000 Gatewood Dr	0.74mi	3/2.0	1,473 (+5%)	4mo	$250,000	$170	52
1927 Westminster Dr	0.48mi	3/2.0	1,539 (+10%)	18mo	$238,000	$155	44
3000 Dotti Dr	0.72mi	3/2.0	1,447 (+3%)	19mo	$242,000	$167	43
2819 Dotti Dr	0.63mi	3/2.0	1,608 (+15%)	9mo	$249,900	$155	37
204 Lee Road 450	0.67mi	3/2.0	1,597 (+14%)	14mo	$253,000	$158	32
127 Lee Road 2181	0.62mi	4/2.0 (+1)	1,606 (+15%)	14mo	$265,000	$165	28

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 4.0%
• Equity multiple: 1.15×
• Total profit: $6,717
• Equity at exit: $23,111

10-year hold

• IRR: 13.5%
• Equity multiple: 2.08×
• Total profit: $46,737
• Equity at exit: $13,402

Cash invested: $43,400 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Alabama: 90 Strongly Landlord-Friendly · R+15
• County: — inherits STATE
• City: — inherits STATE

Right-to-evict in 7 days for non-payment; no rent control; preempted statewide; courts move quickly.

Methodology + full state rankings →

ZIP-level market 36870

• Home prices YoY: -10.5%
• Active inventory: 132
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $1,856 medium
• Mortgage (P&I): −$813
• Tax from tax record: −$88 /mo · $1,061/yr
• Insurance: −$65
• HOA: −$0
• Vacancy / Maint / Mgmt: −$390
• Net cashflow: $500

Break-even live

Break-even rent $1,223

Max offer price $155,000

Occupancy floor 68%

Sensitivity live

Price	-10% $588	-5% $544	+0% $500	+5% $457	+10% $413
Rent	-10% $354	-5% $427	+0% $500	+5% $574	+10% $647
Rate	-1.0pp $578	-0.5pp $540	base $500	+0.5pp $460	+1.0pp $419

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $38,750
• Closing costs: $4,650
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3622 S Railroad St Phenix City, AL	1.0–3.0	1.0–2.5	1141	$1,792	$1.57	14d	10	1.35mi
15 Windsweep Ct Phenix City, AL	2.0	2.0	1209	$1,025	$0.85	14d	1	1.38mi

Listing history 26 events

1. 2026-06-18
   days on market $155,000 Active 91 DOM
2. 2026-06-17
   days on market $155,000 Active 90 DOM
3. 2026-06-16
   days on market $155,000 Active 89 DOM
4. 2026-06-15
   days on market $155,000 Active 88 DOM
5. 2026-06-14
   days on market $155,000 Active 86 DOM
6. 2026-06-13
   days on market $155,000 Active 85 DOM
7. 2026-06-10
   days on market $155,000 Active 83 DOM
8. 2026-06-09
   days on market $155,000 Active 82 DOM
9. 2026-06-08
   days on market $155,000 Active 81 DOM
10. 2026-06-07
    days on market $155,000 Active 80 DOM
11. 2026-06-05
    days on market $155,000 Active 77 DOM
12. 2026-06-02
    days on market $155,000 Active 75 DOM
13. 2026-06-01
    days on market $155,000 Active 74 DOM
14. 2026-05-31
    days on market $155,000 Active 73 DOM
15. 2026-05-30
    days on market $155,000 Active 72 DOM
16. 2026-05-06
    price $155,000 870-char remark

    Show marketing remark (870 chars)

    Whether you’re a first-time buyer looking to make a home your own or an investor searching for your next opportunity, this property offers plenty of possibilities. Inside, you’ll find a welcoming living area that flows into the kitchen with ample cabinetry and a center island. The home features three bedrooms, one full bath, a spacious laundry room, and a large backyard with room to expand, garden, entertain, or create the outdoor space you’ve been wanting. Being sold as-is, this home is ideal for someone ready to add their own personal touch and build equity along the way. Priced at less than the cost of renting, this is an opportunity you don’t want to miss. Located just off Auburn Road and minutes from town, shopping, restaurants, and everyday amenities, this single-story ranch is packed with potential. Schedule your showing today!

17. 2026-03-19
    listed $164,900 Active 870-char remark

    Show marketing remark (870 chars)

    Whether you’re a first-time buyer looking to make a home your own or an investor searching for your next opportunity, this property offers plenty of possibilities. Inside, you’ll find a welcoming living area that flows into the kitchen with ample cabinetry and a center island. The home features three bedrooms, one full bath, a spacious laundry room, and a large backyard with room to expand, garden, entertain, or create the outdoor space you’ve been wanting. Being sold as-is, this home is ideal for someone ready to add their own personal touch and build equity along the way. Priced at less than the cost of renting, this is an opportunity you don’t want to miss. Located just off Auburn Road and minutes from town, shopping, restaurants, and everyday amenities, this single-story ranch is packed with potential. Schedule your showing today!

18. 2026-03-12
    price $164,900
19. 2026-02-06
    listed $169,900 Active
20. 2022-04-04
    soldstatus $146,000
21. 2022-04-04
    soldstatus $146,000
22. 2022-04-04
    soldstatus $146,000
23. 2022-02-07
    listed $140,500
24. 2022-02-07
    listed $140,500
25. 2022-02-02
    listed $140,500
26. 2002-11-29
    soldstatus $56,820

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast AL · Resets to sale price

• Current annual tax: $1,061 · $88/mo
• Projected year-2 tax: $1,061 · $88/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥107°F today · 19 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,272
• − Mortgage interest: −$8,682
• − Property taxes: −$1,061
• − Insurance: −$775
• − Repairs & maintenance: −$1,782
• − Management: −$1,782
• − Depreciation: −$4,509
• Taxable income: $3,681
• Est. tax owed @ 24.0%: −$883
• After-tax cash flow: $5,121/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Russell County
• NCES district ID: 0102880
• Math proficiency: 18% ▼ -28.00%
• Reading proficiency: 45% ▲ 1.00%
• Median HH income: $40,292
• Composite: 26.41/100
• National rank: #7226
• State rank: #65 of 129 in AL

Livability — Phenix City

• Score: 60/100
• State rank: #297
• US rank: #19037

Category grades

Amenities F Commute F Cost of living A+ Crime F Employment F Housing A+ Health & safety F User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Lee County · 144,175 people
• City population: 62,290
• Metro: Auburn-Opelika, AL
• Population (ZIP): 17,951
• Household income: $72,500
• Rent vs Own: 19.3% rent · 80.7% own
• Severe rent burden: 500.0

Population outlook (Russell County) Hauer SSP2

• Today (2025): 70,137 people
• By 2030: 75,826 · +8.1%
• By 2040: 87,858 · +25.3%
• By 2050: 99,721 · +42.2%
• By 2075: 128,009 · +82.5%
• By 2100: 149,251 · +112.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (72%)
• Race & ethnicity: White 72% Black 18% Two or more races 4% Hispanic / Latino 4%
• Common ancestry: Slovak 3% Romanian 2% Portuguese 2%
• Foreign-born: 3% · Canada, South Korea, Jamaica
• Languages at home: 95% English-only · Spanish 3% Korean 1%

Political lean MEDSL · Russell

• 2024 margin: Toss-up / Even · D 50.4% · R 48.7%
• 2008→2024 swing: -5.6pp toward R · 2008: 7.3pp · 2024: 1.7pp
• All cycles: 2024: D+1.7 2020: D+6.4 2016: D+1.9 2012: D+11.8 2008: D+7.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -28.19%
• Current HPI: 241.1403
• Rent YoY: —
• Metro: Auburn-Opelika, AL
• State GDP YoY: ▲ 2.94%
• F500 in state: 4

Industry mix (Fortune 500 HQ in AL)

Industry	F500 HQs	Revenue
▸Financial Services	1	$8B
▸Healthcare	1	$5B

Price history

+172.8% since first listed

11 events — show timeline

• 2026-05-06 Price Changed $155,000 EABOR
• 2026-03-19 Listed $164,900 EABOR
• 2026-03-12 Price Changed $164,900 EABOR
• 2026-02-06 Listed $169,900 EABOR
• 2022-04-04 Sold (MLS) $146,000 CBOR
• 2022-04-04 Sold (MLS) $146,000 EABOR
• 2022-04-04 Sold (MLS) $146,000 EABOR
• 2022-02-07 Listed $140,500 EABOR
• 2022-02-07 Listed $140,500 EABOR
• 2022-02-02 Listed $140,500 CBOR
• 2002-11-29 Sold (Public Records) $56,820 Public Records

Property tax history

+15.5%/yr

Latest (2025): $1,061 · +4.2% YoY. Source: county tax records.