147 Lee Road 2059 · Phenix City, AL 36870

$234,900

4 bd · 1.0 ba · 1,376 sqft · SingleFamily public records · 1 Days on market

Built 2006 0.77 ac lot Est $230k · at est.

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Why this score? — see what drove the D+ 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 +19.5/30.0
• ARV discount +6.5/15.0
• DSCR +6.2/10.0
• 1% rule +3.9/10.0
• Schools +3.0/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Completely remodeled on a Huge Cul de Sac Lot, conveniently located in Phenix City! Large Greatroom w/ Double Trey Ceiling, Freshly Painted and Tons of Natural Lighting this home is sure to impress! Kitchen Features new Cabinets, Countertops, Flooring, Pantry & Stainless Appliances! Large Master Suite w/ Trey Ceiling & Huge Walk in Closet! Master bath boasts a New Raised Vanity & Linen Closet. Split Floorplan w/ Additional Three Bedrooms opposite Master. Spacious Additional Bedrooms & Adequate Closet Space. Huge Cul de Sac Lot with Covered Back Porch and Outdoor Kitchen. Tons of outdoor space!

Key facts

• Cul-de-sac lot
• Covered back porch
• 0.77 acre lot

Tags

• CUL-DE-SAC LOT
• PRIVACY FENCED BACKYARD
• COVERED BACK PORCH
• OUTDOOR KITCHEN SETUP
• STAINLESS STEEL APPLIANCES
• SEPARATE LAUNDRY ROOM

Property features AI

Finance

• Other: Has view
• Financial info: $732 annual tax (provided)
• HOA & community: No community features listed

Exterior

• Parking: Driveway
• Utilities: Public water; Septic tank sewer; Electricity available; Cable available
• Home design: Single-family residence; One story; No common walls; Residential property
• Construction: HardiPlank-type siding; Composition roof
• Exterior features: Private yard; Back yard; Located on a cul-de-sac

Interior

• Kitchen: Dishwasher; Electric range; Microwave
• Bedrooms: 4 bedrooms on the main level
• Bathrooms: 2 full bathrooms (both on the main level)
• Heating & cooling: Heat pump heating; Central air conditioning
• Interior features: Other interior features
• Laundry & utility: Dedicated laundry room

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $235k.

Deal economics

• At list price, monthly cash flow is $267 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $210k (10.7% below list).
• Recommended offer: $210k (10.7% below list) — sets the bar for 1% rule.
• Cap rate 7.7% 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.
• Lee County (rural): math 23% / reading 47% proficiency, ranked #40 of 129 in AL (top 31%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 132 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 1,858 units permitted in Lee County in 2024 (113 in 5+ unit buildings).
• This rent runs 35% 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 $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Lee County population projected at +54% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 6y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $145k; list at $235k implies a 62% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 68% 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 $209,823 (10.7% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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?
4. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
5. 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.
6. 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.
7. 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: 0.89% ✗
• Cap rate: 7.66%
• Cash-on-cash: 4.87%
• DSCR: 1.22
• GRM: 9.3

CMA / ARV

• ARV (on-the-fly): $229,792
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
66 Lee Road 502	0.20mi	3/2.0 (-1)	1,400 (+2%)	0mo	$235,000	$168	78
97 Lee Road 916	0.50mi	3/2.0 (-1)	1,372 (-0%)	6mo	$232,500	$169	62
20 Lee Rd 530	0.22mi	4/2.0	1,576 (+14%)	5mo	$250,000	$159	57
101 Lee rd 2140	0.59mi	4/2.0	1,463 (+6%)	1mo	$265,000	$181	57
476 Lee Road 520	0.36mi	3/2.0 (-1)	1,201 (-13%)	0mo	$220,000	$183	53
978 Lee Road 219	0.55mi	3/2.0 (-1)	1,472 (+7%)	3mo	$245,000	$166	52
57 Lee Road 919	0.59mi	3/2.0 (-1)	1,296 (-6%)	6mo	$200,000	$154	49
95 Lee Road 517	0.47mi	3/2.0 (-1)	1,537 (+12%)	1mo	$255,000	$166	48
241 Lee Road 2140	0.59mi	3/2.0 (-1)	1,508 (+10%)	3mo	$230,000	$153	45
57 Lee Road 0996	0.59mi	3/2.0 (-1)	1,488 (+8%)	6mo	$250,000	$168	45
121 Lee Road 0850	0.47mi	3/2.0 (-1)	1,537 (+12%)	6mo	$250,000	$163	44
127 Lee Road 2141	0.62mi	3/2.0 (-1)	1,570 (+14%)	2mo	$262,900	$167	37

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: -8.8%
• Equity multiple: 0.68×
• Total profit: $-21,176
• Equity at exit: $35,024

10-year hold

• IRR: 0.7%
• Equity multiple: 1.05×
• Total profit: $2,998
• Equity at exit: $20,310

Cash invested: $65,772 (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: 9.3×

Monthly cashflow live

• Estimated rent: $2,098 medium
• Mortgage (P&I): −$1,232
• Tax from tax record: −$61 /mo · $732/yr
• Insurance: −$98
• HOA: −$0
• Vacancy / Maint / Mgmt: −$441
• Net cashflow: $267

Break-even live

Break-even rent $1,760

Max offer price $234,900

Occupancy floor 82%

Sensitivity live

Price	-10% $400	-5% $333	+0% $267	+5% $200	+10% $134
Rent	-10% $101	-5% $184	+0% $267	+5% $350	+10% $433
Rate	-1.0pp $385	-0.5pp $327	base $267	+0.5pp $206	+1.0pp $144

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: $58,725
• Closing costs: $7,047
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
393 Lee Rd Unit 554 Phenix City, AL	4.0	2.0	1745	$2,000	$1.15	22d	1	0.25mi
567 Mill Pond Dr Phenix City, AL	3.0	2.0	1240	$1,400	$1.13	14d	1	0.91mi
16 Vineyard Dr Phenix City, AL	3.0	2.0	1324	$1,600	$1.21	44d	1	1.48mi

Listing history 3 events

1. 2026-06-05
   status $234,900 Pending 1 DOM
2. 2026-06-03
   remarks 692-char remark
3. 2026-06-03
   listed $234,900 Active 1 DOM

ⓘ 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: $732 · $61/mo
• Projected year-2 tax: $963 · $80/mo
• Expected delta: +$231/yr (+$19/mo · 31.6%)

ⓘ 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 ≥106°F today · 19 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 68% 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: $25,179
• − Mortgage interest: −$13,158
• − Property taxes: −$732
• − Insurance: −$1,174
• − Repairs & maintenance: −$2,014
• − Management: −$2,014
• − Depreciation: −$6,833
• Taxable loss: −$748
• Est. tax savings @ 24.0%: +$179
• After-tax cash flow: $3,382/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: Lee County
• NCES district ID: 0102070
• Math proficiency: 23% ▼ -27.00%
• Reading proficiency: 47% ▬ 0.00%
• Median HH income: $47,786
• Composite: 30.04/100
• National rank: #6355
• State rank: #40 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 (Lee County) Hauer SSP2

• Today (2025): 196,440 people
• By 2030: 217,417 · +10.7%
• By 2040: 259,467 · +32.1%
• By 2050: 301,557 · +53.5%
• By 2075: 402,186 · +104.7%
• By 2100: 474,503 · +141.6%

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 · Lee

• 2024 margin: Strong R (+27.8) · D 35.5% · R 63.3% · Other 1.2%
• 2008→2024 swing: -8.1pp toward R · 2008: -19.8pp · 2024: -27.8pp
• All cycles: 2024: R+27.8 2020: R+20.1 2016: R+23.1 2012: R+19.9 2008: R+19.8

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

+62.0% since first listed

7 events — show timeline

• 2026-06-03 Listed $234,900 EABOR
• 2020-07-31 Sold (MLS) $145,000 EABOR
• 2020-07-31 Sold (MLS) $145,000 CBOR
• 2020-07-31 Sold (MLS) $145,000 EABOR
• 2020-04-17 Listed $145,000 EABOR
• 2020-04-17 Listed $145,000 CBOR
• 2020-04-17 Listed $145,000 EABOR

Property tax history

+0.7%/yr

Latest (2025): $732 · +0.0% YoY. Source: county tax records.