Real Estate Investment Properties for Sale in Phenix City, AL

Looking for investment property in Phenix City, AL with high ROI ?

Explore a variety of short-term homes & houses in Phenix City, AL. Invest wisely with VRBO & Phenix City, AL Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Phenix City, AL

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
26 Bristol Lane PHENIX CITY, AL This Beautiful and spacious well kept 4 BD/ 3BA home, sits in the cul-de-sac featuring 303...	4 beds \| 3 baths \| 3,037 sq.ft.	$360,000	Airbnb cash on cash: 0.54% Traditional cash on cash: 5.67% Airbnb Rental Income: $1181 Traditional Rental Income: $2528 Airbnb ROI: 0.54% Traditional ROI: 5.67%
2813 Nancy Drive PHENIX CITY, AL Welcome to 2813 Nancy Drive in the desirable Gatewood subdivision of Phenix City, Alabama!...	3 beds \| 2 baths \| 1,610 sq.ft.	$249,900	Airbnb cash on cash: 1.77% Traditional cash on cash: 3.61% Airbnb Rental Income: $1239 Traditional Rental Income: $1278 Airbnb ROI: 1.77% Traditional ROI: 3.61%
1311 Melanie Lane PHENIX CITY, AL Move-in ready all-brick home in a prime North Phenix City location with the choice of Phen...	4 beds \| 3 baths \| 3,168 sq.ft.	$379,000	Airbnb cash on cash: 0.39% Traditional cash on cash: 6.05% Airbnb Rental Income: $1181 Traditional Rental Income: $2808 Airbnb ROI: 0.39% Traditional ROI: 6.05%
3811 26th Ave PHENIX CITY, AL Great Location. 4 bedroom, 3 full bathroom homes is in need of tender loving care and a ne...	4 beds \| 3 baths \| 2,136 sq.ft.	$189,900	Airbnb cash on cash: 1.34% Traditional cash on cash: 10.64% Airbnb Rental Income: $1181 Traditional Rental Income: $2473 Airbnb ROI: 1.34% Traditional ROI: 10.64%
2210 9th Avenue PHENIX CITY, AL Welcome home to this charming and well-maintained 3 bedroom, 1 bath home conveniently loca...	3 beds \| 1 baths \| 1,064 sq.ft.	$159,900	Airbnb cash on cash: 3.03% Traditional cash on cash: 4.87% Airbnb Rental Income: $1239 Traditional Rental Income: $1126 Airbnb ROI: 3.03% Traditional ROI: 4.87%
1 Lee Road 2138 PHENIX CITY, AL Beautiful 3BR/2BA full brick home in Yorktown offering 1,375 sqft in Lee County! Located i...	3 beds \| 2 baths \| 1,375 sq.ft.	$259,900	Airbnb cash on cash: 1.69% Traditional cash on cash: 4.25% Airbnb Rental Income: $1239 Traditional Rental Income: $1472 Airbnb ROI: 1.69% Traditional ROI: 4.25%
54 Lee Road 918 PHENIX CITY, AL Move-in ready and completely remodeled in Lee County! This beautifully updated 3-bedroom, ...	3 beds \| 2 baths \| 1,307 sq.ft.	$249,900	Airbnb cash on cash: 1.95% Traditional cash on cash: 4.45% Airbnb Rental Income: $1239 Traditional Rental Income: $1432 Airbnb ROI: 1.95% Traditional ROI: 4.45%
3013 3rd Avenue PHENIX CITY, AL Located just minutes from the beautiful Chattahoochee River, this stunning home has been f...	4 beds \| 3 baths \| 2,074 sq.ft.	$289,000	Airbnb cash on cash: 0.82% Traditional cash on cash: 7.19% Airbnb Rental Income: $1181 Traditional Rental Income: $2530 Airbnb ROI: 0.82% Traditional ROI: 7.19%
157 Lee Road 197 PHENIX CITY, AL Welcome home to this charming 3-bedroom, 2-bath retreat in Phenix City, where comfort and ...	3 beds \| 2 baths \| 1,508 sq.ft.	$239,000	Airbnb cash on cash: 1.98% Traditional cash on cash: 3.9% Airbnb Rental Income: $1239 Traditional Rental Income: $1278 Airbnb ROI: 1.98% Traditional ROI: 3.9%
25 Red Maple Drive PHENIX CITY, AL Welcome to this beautiful home located in the desirable Misty Forest Subdivision, ideally ...	4 beds \| 3 baths \| 2,854 sq.ft.	$339,000	Airbnb cash on cash: 0.68% Traditional cash on cash: 5.85% Airbnb Rental Income: $1181 Traditional Rental Income: $2441 Airbnb ROI: 0.68% Traditional ROI: 5.85%
140 Lee Rd 885 PHENIX CITY, AL OPEN HOUSE Saturday, July 25, 1pm-3pm Welcome to this move-in ready home at 140 Lee Rd 885...	3 beds \| 2 baths \| 1,337 sq.ft.	$224,900	Airbnb cash on cash: 2.24% Traditional cash on cash: 4.95% Airbnb Rental Income: $1239 Traditional Rental Income: $1420 Airbnb ROI: 2.24% Traditional ROI: 4.95%
2307 Bridle Court PHENIX CITY, AL Welcome to this stunning 3 bedroom, 2 bath brick home nestled in the highly desirable Sadd...	3 beds \| 2 baths \| 2,094 sq.ft.	$359,900	Airbnb cash on cash: 0.77% Traditional cash on cash: 4.32% Airbnb Rental Income: $1239 Traditional Rental Income: $2045 Airbnb ROI: 0.77% Traditional ROI: 4.32%
5 Tennessee Avenue PHENIX CITY, AL This 4-bedroom, 3-bath home offers generous living space and a flexible lower-level suite ...	4 beds \| 3 baths \| 3,031 sq.ft.	$259,900	Airbnb cash on cash: 1.1% Traditional cash on cash: 4.99% Airbnb Rental Income: $1181 Traditional Rental Income: $1750 Airbnb ROI: 1.1% Traditional ROI: 4.99%
5018 Briarwood Court PHENIX CITY, AL This adorable home has so much to offer. Nestled in Silver Thorn Subdivision on a nice cor...	3 beds \| 2 baths \| 1,558 sq.ft.	$260,000	Airbnb cash on cash: 1.57% Traditional cash on cash: 4.35% Airbnb Rental Income: $1239 Traditional Rental Income: $1526 Airbnb ROI: 1.57% Traditional ROI: 4.35%
2401 Brookwood Circle PHENIX CITY, AL Perched high on a hill in desirable North Phenix City, this 3BR/2BA home offers space, cha...	3 beds \| 2 baths \| 2,232 sq.ft.	$359,000	Airbnb cash on cash: 0.41% Traditional cash on cash: 2.72% Airbnb Rental Income: $1239 Traditional Rental Income: $1622 Airbnb ROI: 0.41% Traditional ROI: 2.72%
2408 Ridgewood Drive PHENIX CITY, AL BRAND NEW ROOF Located in an established Phenix City neighborhood, 2408 Ridgewood Driv...	4 beds \| 3 baths \| 2,856 sq.ft.	$349,900	Airbnb cash on cash: 0.01% Traditional cash on cash: 4.39% Airbnb Rental Income: $1181 Traditional Rental Income: $2235 Airbnb ROI: 0.01% Traditional ROI: 4.39%
134 Lee Road 2141 PHENIX CITY, AL Wonderful BRICK RANCH in a well established neighborhood! This 3 bedroom 2 bath home featu...	3 beds \| 2 baths \| 1,493 sq.ft.	$259,900	Airbnb cash on cash: 1.27% Traditional cash on cash: 3.02% Airbnb Rental Income: $1239 Traditional Rental Income: $1273 Airbnb ROI: 1.27% Traditional ROI: 3.02%
365 Partisan Drive PHENIX CITY, AL ***$5000 in seller concessions offered This beautiful 3-bedroom, 2.5-bath home offers plen...	3 beds \| 3 baths \| 1,597 sq.ft.	$235,000	Airbnb cash on cash: 1.33% Traditional cash on cash: 5% Airbnb Rental Income: $1239 Traditional Rental Income: $1660 Airbnb ROI: 1.33% Traditional ROI: 5%
1501 Fletcher Drive PHENIX CITY, AL Solid brick ranch on a generous lot with mature shade trees and a fully fenced backyard, i...	3 beds \| 2 baths \| 1,455 sq.ft.	$219,900	Airbnb cash on cash: 2.11% Traditional cash on cash: 4.17% Airbnb Rental Income: $1239 Traditional Rental Income: $1273 Airbnb ROI: 2.11% Traditional ROI: 4.17%
597 Lee Road 437 PHENIX CITY, AL Beautifully maintained 3 Bedroom, 2 Bath home. Spacious Living room with a cozy fireplace ...	3 beds \| 2 baths \| 1,400 sq.ft.	$254,900	Airbnb cash on cash: 1.77% Traditional cash on cash: 4.57% Airbnb Rental Income: $1239 Traditional Rental Income: $1518 Airbnb ROI: 1.77% Traditional ROI: 4.57%
4212 Thayer Drive PHENIX CITY, AL Renovated. Move-in ready. Cul-de-sac living at its best. 4212 Thayer Dr is a stunning 3-be...	3 beds \| 2 baths \| 1,350 sq.ft.	$205,000	Airbnb cash on cash: 2.49% Traditional cash on cash: 5.98% Airbnb Rental Income: $1239 Traditional Rental Income: $1522 Airbnb ROI: 2.49% Traditional ROI: 5.98%
736 Lee Rd 443 PHENIX CITY, AL Welcome to your little house on a hill in Lee County! 3 bedrooms, 2 baths, split floor pla...	3 beds \| 2 baths \| 1,414 sq.ft.	$214,900	Airbnb cash on cash: 2.07% Traditional cash on cash: 5.26% Airbnb Rental Income: $1239 Traditional Rental Income: $1492 Airbnb ROI: 2.07% Traditional ROI: 5.26%
131 Lee Road 2059 PHENIX CITY, AL Dont miss this beautiful starter home on a corner lot in a quiet Phenic City subdivision. ...	3 beds \| 2 baths \| 1,293 sq.ft.	$229,900	Airbnb cash on cash: 2.17% Traditional cash on cash: 4.72% Airbnb Rental Income: $1239 Traditional Rental Income: $1399 Airbnb ROI: 2.17% Traditional ROI: 4.72%
18 Balsa Drive PHENIX CITY, AL Welcome home to 18 Balsa Drive, where modern comfort meets everyday functionality in a bea...	4 beds \| 2 baths \| 1,501 sq.ft.	$244,900	Airbnb cash on cash: 1.47% Traditional cash on cash: 5.01% Airbnb Rental Income: $1181 Traditional Rental Income: $1613 Airbnb ROI: 1.47% Traditional ROI: 5.01%
5 Vineyard Dr PHENIX CITY, AL Welcome home to this meticulously maintained 4BR/2.5BA home in the desirable Summer Vineya...	4 beds \| 3 baths \| 1,831 sq.ft.	$289,900	Airbnb cash on cash: 1% Traditional cash on cash: 5.57% Airbnb Rental Income: $1181 Traditional Rental Income: $2042 Airbnb ROI: 1% Traditional ROI: 5.57%
135 Lee Road 2137 PHENIX CITY, AL Welcome to Yorktown Subdivision! This well-maintained all-brick home offers 4 bedrooms, 2 ...	4 beds \| 2 baths \| 1,803 sq.ft.	$299,900	Airbnb cash on cash: 0.66% Traditional cash on cash: 3.88% Airbnb Rental Income: $1181 Traditional Rental Income: $1704 Airbnb ROI: 0.66% Traditional ROI: 3.88%
1609 7th St S PHENIX CITY, AL Check out this recently updated 4 bedroom house that's just waiting for you to make it hom...	4 beds \| 2 baths \| 1,431 sq.ft.	$174,900	Airbnb cash on cash: 2.8% Traditional cash on cash: 9.21% Airbnb Rental Income: $1181 Traditional Rental Income: $1863 Airbnb ROI: 2.8% Traditional ROI: 9.21%
9 Vineyard Drive PHENIX CITY, AL This exceptionally maintained, this 4-bedroom, 2.5-bath home offers 1,797 square feet of m...	4 beds \| 3 baths \| 1,797 sq.ft.	$289,900	Airbnb cash on cash: 0.92% Traditional cash on cash: 6.37% Airbnb Rental Income: $1181 Traditional Rental Income: $2285 Airbnb ROI: 0.92% Traditional ROI: 6.37%
2608 40th Place PHENIX CITY, AL Classic ranch charm meets thoughtful updates in one of Phenix City's most established neig...	3 beds \| 2 baths \| 1,603 sq.ft.	$249,000	Airbnb cash on cash: 1.15% Traditional cash on cash: 3.09% Airbnb Rental Income: $1239 Traditional Rental Income: $1301 Airbnb ROI: 1.15% Traditional ROI: 3.09%
20 Ivy Loop PHENIX CITY, AL Tucked away in a cul-de-sac, this spacious 5-bedroom, 3-bath home offers 3,869 square feet...	5 beds \| 3 baths \| 3,869 sq.ft.	$447,000	Airbnb cash on cash: 1.76% Traditional cash on cash: 4.1% Airbnb Rental Income: $2025 Traditional Rental Income: $2477 Airbnb ROI: 1.76% Traditional ROI: 4.1%
6 Willow Trace Drive PHENIX CITY, AL This spacious 4 bedroom, 2.5 bath home offers an incredible opportunity for buyers looking...	4 beds \| 3 baths \| 2,537 sq.ft.	$207,900	Airbnb cash on cash: 1.86% Traditional cash on cash: 9.23% Airbnb Rental Income: $1181 Traditional Rental Income: $2247 Airbnb ROI: 1.86% Traditional ROI: 9.23%
18 Marynell Lane PHENIX CITY, AL 2 Homes on 4 Acres - Endless Possibilities! Welcome to this unique property offering space...	4 beds \| 3 baths \| 3,098 sq.ft.	$550,000	Airbnb cash on cash: -0.2% Traditional cash on cash: 3.71% Airbnb Rental Income: $1181 Traditional Rental Income: $2808 Airbnb ROI: -0.2% Traditional ROI: 3.71%
214 Lee Rd 2170 PHENIX CITY, AL Beautiful home in Lee County. 4BR/2BA, 1986 sq ft, open floor plan, large kitchen w/lots o...	4 beds \| 2 baths \| 1,985 sq.ft.	$295,000	Airbnb cash on cash: 1.16% Traditional cash on cash: 5.17% Airbnb Rental Income: $1181 Traditional Rental Income: $1908 Airbnb ROI: 1.16% Traditional ROI: 5.17%
2814 Nancy Drive PHENIX CITY, AL Welcome home to this beautifully updated 3-bedroom, 2-bath home in the desirable Gatewood ...	3 beds \| 2 baths \| 1,616 sq.ft.	$265,000	Airbnb cash on cash: 1.5% Traditional cash on cash: 3.62% Airbnb Rental Income: $1239 Traditional Rental Income: $1373 Airbnb ROI: 1.5% Traditional ROI: 3.62%
717 Williams Avenue PHENIX CITY, AL Stunning & Spacious: Your Modern Family Sanctuary Discover the perfect blend of style, com...	4 beds \| 3 baths \| 2,078 sq.ft.	$249,999	Airbnb cash on cash: 0.91% Traditional cash on cash: 6.09% Airbnb Rental Income: $1181 Traditional Rental Income: $2020 Airbnb ROI: 0.91% Traditional ROI: 6.09%
623 Lee Road 450 PHENIX CITY, AL Beautifully maintained 4 bedroom, 2 bathroom home situated on a corner lot in Lee County! ...	4 beds \| 2 baths \| 1,818 sq.ft.	$315,000	Airbnb cash on cash: 0.68% Traditional cash on cash: 3.93% Airbnb Rental Income: $1181 Traditional Rental Income: $1757 Airbnb ROI: 0.68% Traditional ROI: 3.93%
15 Vineyard Drive PHENIX CITY, AL 15 Vineyard Drive offers move-in ready space and style. With 1,793 square feet, 4 bedrooms...	4 beds \| 3 baths \| 1,793 sq.ft.	$289,900	Airbnb cash on cash: 1.25% Traditional cash on cash: 4.85% Airbnb Rental Income: $1181 Traditional Rental Income: $1778 Airbnb ROI: 1.25% Traditional ROI: 4.85%

Real Estate investment in Phenix-city, AL

There are 251 properties for sale in the city of Phenix City . The median list price in Phenix City is $227,364 and the average price per square foot is $117. In July 2026, the average monthly cash on cash return in Phenix City is 5.00%. The average monthly rental income in Phenix City is $1,748.

Phenix-city, AL Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 251 investment properties available for sale in Phenix-city.

In 2026, the best neighborhood to buy investment property is PHENIX CITY.

The ROI for Long-Term is higher than the Short-Term in Phenix-city with average rental income of $1,748.

Your search for investment property begins and ends here

Investment Property for Sale in Phenix City, AL

26 Bristol Lane

PHENIX CITY, AL

4 beds | 3 baths | 3,037 sq.ft.

$360,000

Airbnb cash on cash: 0.54%

Traditional cash on cash: 5.67%

Airbnb Rental Income: $1181

Traditional Rental Income: $2528

Airbnb ROI: 0.54%

Traditional ROI: 5.67%

2813 Nancy Drive

PHENIX CITY, AL

3 beds | 2 baths | 1,610 sq.ft.

$249,900

Airbnb cash on cash: 1.77%

Traditional cash on cash: 3.61%

Airbnb Rental Income: $1239

Traditional Rental Income: $1278

Airbnb ROI: 1.77%

Traditional ROI: 3.61%

1311 Melanie Lane

PHENIX CITY, AL

4 beds | 3 baths | 3,168 sq.ft.

$379,000

Airbnb cash on cash: 0.39%

Traditional cash on cash: 6.05%

Airbnb Rental Income: $1181

Traditional Rental Income: $2808

Airbnb ROI: 0.39%

Traditional ROI: 6.05%

3811 26th Ave

PHENIX CITY, AL

4 beds | 3 baths | 2,136 sq.ft.

$189,900

Airbnb cash on cash: 1.34%

Traditional cash on cash: 10.64%

Airbnb Rental Income: $1181

Traditional Rental Income: $2473

Airbnb ROI: 1.34%

Traditional ROI: 10.64%

2210 9th Avenue

PHENIX CITY, AL

3 beds | 1 baths | 1,064 sq.ft.

$159,900

Airbnb cash on cash: 3.03%

Traditional cash on cash: 4.87%

Airbnb Rental Income: $1239

Traditional Rental Income: $1126

Airbnb ROI: 3.03%

Traditional ROI: 4.87%

1 Lee Road 2138

PHENIX CITY, AL

3 beds | 2 baths | 1,375 sq.ft.

$259,900

Airbnb cash on cash: 1.69%

Traditional cash on cash: 4.25%

Airbnb Rental Income: $1239

Traditional Rental Income: $1472

Airbnb ROI: 1.69%

Traditional ROI: 4.25%

54 Lee Road 918

PHENIX CITY, AL

3 beds | 2 baths | 1,307 sq.ft.

$249,900

Airbnb cash on cash: 1.95%

Traditional cash on cash: 4.45%

Airbnb Rental Income: $1239

Traditional Rental Income: $1432

Airbnb ROI: 1.95%

Traditional ROI: 4.45%

3013 3rd Avenue

PHENIX CITY, AL

4 beds | 3 baths | 2,074 sq.ft.

$289,000

Airbnb cash on cash: 0.82%

Traditional cash on cash: 7.19%

Airbnb Rental Income: $1181

Traditional Rental Income: $2530

Airbnb ROI: 0.82%