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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2245 LEE ROAD 0208 PHENIX CITY, AL Down a long private drive you will find a 4-Bedroom, 2-Bath Ranch home in Phenix City! Ste...	4 beds \| 2 baths \| 1,444 sq.ft.	$194,900	Airbnb cash on cash: 3.65% Traditional cash on cash: 7.22% Airbnb Rental Income: $1464 Traditional Rental Income: $1691 Airbnb ROI: 3.65% Traditional ROI: 7.22%
1604 48th Street PHENIX CITY, AL This charming three bedroom, two bathroom home is located in a peaceful, family-oriented n...	3 beds \| 2 baths \| 1,853 sq.ft.	$259,900	Airbnb cash on cash: 5.37% Traditional cash on cash: 5.07% Airbnb Rental Income: $2351 Traditional Rental Income: $1697 Airbnb ROI: 5.37% Traditional ROI: 5.07%
2725 Dotti Drive PHENIX CITY, AL Fresh, Stylish, and Move-In Ready! This beautifully maintained 2-story townhome combines c...	3 beds \| 3 baths \| 1,572 sq.ft.	$205,000	Airbnb cash on cash: 6.57% Traditional cash on cash: 4.95% Airbnb Rental Income: $2351 Traditional Rental Income: $1455 Airbnb ROI: 6.57% Traditional ROI: 4.95%
2915 Creekstone Lane PHENIX CITY, AL This Creekstone subdivision home offers 2224 SqFt, 4 bedrooms, 3 bathrooms, dine-in kitche...	4 beds \| 3 baths \| 2,224 sq.ft.	$345,000	Airbnb cash on cash: 0.83% Traditional cash on cash: 5.05% Airbnb Rental Income: $1464 Traditional Rental Income: $2399 Airbnb ROI: 0.83% Traditional ROI: 5.05%
25 Trafford Trail PHENIX CITY, AL Welcome to 25 Trafford Trail, a charming 4-bedroom, 2.5-bath home offering 1,972 sqft of w...	4 beds \| 3 baths \| 1,972 sq.ft.	$275,000	Airbnb cash on cash: 2.17% Traditional cash on cash: 5.7% Airbnb Rental Income: $1464 Traditional Rental Income: $1946 Airbnb ROI: 2.17% Traditional ROI: 5.7%
3 Ivy Cross PHENIX CITY, AL Welcome to 3 Ivy Cross- where modern convenience meets everyday comfort in a prime locatio...	4 beds \| 4 baths \| 3,321 sq.ft.	$429,900	Airbnb cash on cash: 0.74% Traditional cash on cash: 4.31% Airbnb Rental Income: $1464 Traditional Rental Income: $2471 Airbnb ROI: 0.74% Traditional ROI: 4.31%
187 Lee Road 2105 PHENIX CITY, AL Welcome to this well-maintained 4-bedroom, 2-bath ranch home located in Lee County. Built ...	4 beds \| 2 baths \| 1,934 sq.ft.	$249,900	Airbnb cash on cash: 2.57% Traditional cash on cash: 5.85% Airbnb Rental Income: $1464 Traditional Rental Income: $1805 Airbnb ROI: 2.57% Traditional ROI: 5.85%
2607 5th Street PHENIX CITY, AL Welcome to this beautifully maintained 4-bedroom, 2.5-bath home offering comfort, style, a...	4 beds \| 3 baths \| 2,676 sq.ft.	$290,000	Airbnb cash on cash: 1.91% Traditional cash on cash: 6.83% Airbnb Rental Income: $1464 Traditional Rental Income: $2373 Airbnb ROI: 1.91% Traditional ROI: 6.83%
144 LEE ROAD 2083 PHENIX CITY, AL Come see this all brick remodeled home with a open floor plan in Lee county! 3 bedroom 2 b...	3 beds \| 2 baths \| 1,843 sq.ft.	$289,900	Airbnb cash on cash: 4.81% Traditional cash on cash: 4.66% Airbnb Rental Income: $2351 Traditional Rental Income: $1731 Airbnb ROI: 4.81% Traditional ROI: 4.66%
595 LEE ROAD 554 PHENIX CITY, AL Welcome to 595 Lee Road 554 in Phenix City, AL! This stunning 4-bedroom, 3.5-bath, 2-story...	4 beds \| 4 baths \| 2,419 sq.ft.	$340,000	Airbnb cash on cash: 1.6% Traditional cash on cash: 6.47% Airbnb Rental Income: $1464 Traditional Rental Income: $2587 Airbnb ROI: 1.6% Traditional ROI: 6.47%
606 27th Avenue PHENIX CITY, AL Come home to this beautiful 3-bedroom, 2-bath, 2,214 sqft all-brick, single-story home in ...	3 beds \| 2 baths \| 2,214 sq.ft.	$285,000	Airbnb cash on cash: 4.77% Traditional cash on cash: 6.08% Airbnb Rental Income: $2351 Traditional Rental Income: $2120 Airbnb ROI: 4.77% Traditional ROI: 6.08%
165 Bluebird Lane PHENIX CITY, AL Adorable all-brick home located in the desirable Mill Pond Place subdivision in Lee County...	3 beds \| 2 baths \| 1,633 sq.ft.	$265,000	Airbnb cash on cash: 5.26% Traditional cash on cash: 4.29% Airbnb Rental Income: $2351 Traditional Rental Income: $1526 Airbnb ROI: 5.26% Traditional ROI: 4.29%
1712 39TH STREET PHENIX CITY, AL Welcome to 1712 39th Street! Fully renovated 3-bedroom, 2-bathroom home on a spacious corn...	3 beds \| 2 baths \| 1,500 sq.ft.	$279,900	Airbnb cash on cash: 5.11% Traditional cash on cash: 4.11% Airbnb Rental Income: $2351 Traditional Rental Income: $1507 Airbnb ROI: 5.11% Traditional ROI: 4.11%
165 Wellman Drive PHENIX CITY, AL This charming Lee County 4-bedroom, 2.5-bath offers the perfect blend of comfort and style...	4 beds \| 3 baths \| 2,404 sq.ft.	$337,500	Airbnb cash on cash: 1.06% Traditional cash on cash: 5.79% Airbnb Rental Income: $1464 Traditional Rental Income: $2532 Airbnb ROI: 1.06% Traditional ROI: 5.79%
138 Lee Road 2194 PHENIX CITY, AL Welcome home to this well-maintained 4 bedroom, 2 bath home! The open living area features...	4 beds \| 2 baths \| 2,339 sq.ft.	$320,000	Airbnb cash on cash: 1.78% Traditional cash on cash: 5.34% Airbnb Rental Income: $1464 Traditional Rental Income: $2103 Airbnb ROI: 1.78% Traditional ROI: 5.34%
169 Lee Road 2017 PHENIX CITY, AL Welcome home to this well-maintained 3 bedroom, 2 bath gem nestled on 1.26 wooded acres wi...	3 beds \| 2 baths \| 1,628 sq.ft.	$249,500	Airbnb cash on cash: 5.76% Traditional cash on cash: 4.84% Airbnb Rental Income: $2351 Traditional Rental Income: $1553 Airbnb ROI: 5.76% Traditional ROI: 4.84%
111 Lee Road 2068 PHENIX CITY, AL Step into your beautifully refreshed sanctuary in a 3-bedroom, 2-bath ranch full of comfor...	3 beds \| 2 baths \| 1,263 sq.ft.	$206,900	Airbnb cash on cash: 7.2% Traditional cash on cash: 5.76% Airbnb Rental Income: $2351 Traditional Rental Income: $1488 Airbnb ROI: 7.2% Traditional ROI: 5.76%
1314 Ingersoll Drive PHENIX CITY, AL Conveniently situated in a central location, this beautiful home offers 4 spacious bedroom...	4 beds \| 4 baths \| 2,478 sq.ft.	$274,999	Airbnb cash on cash: 1.45% Traditional cash on cash: 4.68% Airbnb Rental Income: $1464 Traditional Rental Income: $1868 Airbnb ROI: 1.45% Traditional ROI: 4.68%
401 Lee Road 2095 PHENIX CITY, AL Charming 3 bed, 2 bath home situated on a spacious hilltop lot with great curb appeal and ...	3 beds \| 2 baths \| 1,215 sq.ft.	$215,000	Airbnb cash on cash: 6.95% Traditional cash on cash: 5% Airbnb Rental Income: $2351 Traditional Rental Income: $1374 Airbnb ROI: 6.95% Traditional ROI: 5%
30 Silver Leaf Loop PHENIX CITY, AL Welcome to 30 Silver Leaf Loop, a pristine 4BR/3BA home in the highly sought-after Silver ...	4 beds \| 3 baths \| 2,440 sq.ft.	$390,000	Airbnb cash on cash: 1.06% Traditional cash on cash: 5.58% Airbnb Rental Income: $1464 Traditional Rental Income: $2686 Airbnb ROI: 1.06% Traditional ROI: 5.58%
151 Lee Road 2181 PHENIX CITY, AL Step inside to discover updated flooring, paint, light fixtures, and more stunning details...	4 beds \| 2 baths \| 1,658 sq.ft.	$295,000	Airbnb cash on cash: 1.7% Traditional cash on cash: 4.59% Airbnb Rental Income: $1464 Traditional Rental Income: $1833 Airbnb ROI: 1.7% Traditional ROI: 4.59%
765 Mill Pond Drive PHENIX CITY, AL Welcome to The Lakes! Upon entering this beautiful 3-bedroom, 2-bathroom home you will fin...	3 beds \| 2 baths \| 1,200 sq.ft.	$175,000	Airbnb cash on cash: 8.6% Traditional cash on cash: 7.1% Airbnb Rental Income: $2351 Traditional Rental Income: $1520 Airbnb ROI: 8.6% Traditional ROI: 7.1%
3030 Thornberry Circle PHENIX CITY, AL Inspection completed with key repairs done-buy with confidence! Seller is offering $5,000 ...	3 beds \| 2 baths \| 1,696 sq.ft.	$275,000	Airbnb cash on cash: 5.01% Traditional cash on cash: 3.78% Airbnb Rental Income: $2351 Traditional Rental Income: $1450 Airbnb ROI: 5.01% Traditional ROI: 3.78%
105 Lee Road 466 PHENIX CITY, AL Welcome to this beautifully updated ranch-style 4-bedroom, 2.5-bath home located in the he...	4 beds \| 3 baths \| 2,255 sq.ft.	$399,900	Airbnb cash on cash: 1% Traditional cash on cash: 4.41% Airbnb Rental Income: $1464 Traditional Rental Income: $2310 Airbnb ROI: 1% Traditional ROI: 4.41%
147 Lee Road 466 PHENIX CITY, AL Come see what this lovely Craftsman style home has to offer! Located in Lee County and les...	4 beds \| 3 baths \| 2,050 sq.ft.	$369,000	Airbnb cash on cash: 1.69% Traditional cash on cash: 5.74% Airbnb Rental Income: $1464 Traditional Rental Income: $2432 Airbnb ROI: 1.69% Traditional ROI: 5.74%
16 Balsa Drive PHENIX CITY, AL Newly Updated and Move-in Ready...Main Level - Great Room, Eat-in Kitchen, Formal Dining R...	4 beds \| 3 baths \| 2,400 sq.ft.	$309,900	Airbnb cash on cash: 1.7% Traditional cash on cash: 4.77% Airbnb Rental Income: $1464 Traditional Rental Income: $1926 Airbnb ROI: 1.7% Traditional ROI: 4.77%
402 Lee Rd 2203 PHENIX CITY, AL Nestled in the center of a tranquil cul-de-sac, this home beckons with its inviting facade...	4 beds \| 3 baths \| 2,337 sq.ft.	$355,000	Airbnb cash on cash: 1.43% Traditional cash on cash: 5.46% Airbnb Rental Income: $1464 Traditional Rental Income: $2374 Airbnb ROI: 1.43% Traditional ROI: 5.46%
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: 4.22% Traditional cash on cash: 9.21% Airbnb Rental Income: $1464 Traditional Rental Income: $1863 Airbnb ROI: 4.22% Traditional ROI: 9.21%
776 Lee Road 850 PHENIX CITY, AL Charming 3-Bedroom Home in Hickory Bend Subdivision Welcome to this traditional-style home...	3 beds \| 2 baths \| 1,732 sq.ft.	$239,900	Airbnb cash on cash: 6.01% Traditional cash on cash: 5.24% Airbnb Rental Income: $2351 Traditional Rental Income: $1595 Airbnb ROI: 6.01% Traditional ROI: 5.24%
124 Lee Road 977 PHENIX CITY, AL Charming 3-Bed, 2- Bath located in Lee County. Move in ready! Beautifully maintained. The ...	3 beds \| 2 baths \| 1,215 sq.ft.	$210,000	Airbnb cash on cash: 7.12% Traditional cash on cash: 5.32% Airbnb Rental Income: $2351 Traditional Rental Income: $1413 Airbnb ROI: 7.12% Traditional ROI: 5.32%
57 Lee Road 919 PHENIX CITY, AL Welcome home to this inviting 3 bedroom, 2 bath ranch-style home, perfectly situated on a ...	3 beds \| 2 baths \| 1,296 sq.ft.	$215,000	Airbnb cash on cash: 6.97% Traditional cash on cash: 5.28% Airbnb Rental Income: $2351 Traditional Rental Income: $1427 Airbnb ROI: 6.97% Traditional ROI: 5.28%
33 HICKORY HEIGHTS DRIVE PHENIX CITY, AL Charming 3-Bedroom Home in Desirable Hickory Heights! Welcome to this beautifully maintai...	3 beds \| 3 baths \| 1,764 sq.ft.	$245,000	Airbnb cash on cash: 5.6% Traditional cash on cash: 4.9% Airbnb Rental Income: $2351 Traditional Rental Income: $1609 Airbnb ROI: 5.6% Traditional ROI: 4.9%
136 Lee Road 2095 PHENIX CITY, AL This great Lee County home is in the heart of Phenix City, with 3 bedrooms & two baths. US...	3 beds \| 2 baths \| 1,320 sq.ft.	$210,000	Airbnb cash on cash: 7.09% Traditional cash on cash: 5.6% Airbnb Rental Income: $2351 Traditional Rental Income: $1474 Airbnb ROI: 7.09% Traditional ROI: 5.6%
3102 GATEWOOD DRIVE PHENIX CITY, AL Charming Craftsman-Style Home with Spacious Layout! Welcome to this beautifully designed 4...	4 beds \| 3 baths \| 1,812 sq.ft.	$294,500	Airbnb cash on cash: 1.31% Traditional cash on cash: 3.8% Airbnb Rental Income: $1464 Traditional Rental Income: $1723 Airbnb ROI: 1.31% Traditional ROI: 3.8%
131 LEE ROAD 2090 PHENIX CITY, AL This updated 3-bedroom, 2-bath home sits on a spacious half-acre corner lot in Lee County,...	3 beds \| 2 baths \| 1,268 sq.ft.	$197,000	Airbnb cash on cash: 7.61% Traditional cash on cash: 5.6% Airbnb Rental Income: $2351 Traditional Rental Income: $1395 Airbnb ROI: 7.61% Traditional ROI: 5.6%
2407 Brookwood Circle PHENIX CITY, AL Just in time for summer fun! A must see home with its own backyard oasis with plenty patio...	3 beds \| 2 baths \| 1,900 sq.ft.	$279,900	Airbnb cash on cash: 4.98% Traditional cash on cash: 4.16% Airbnb Rental Income: $2351 Traditional Rental Income: $1555 Airbnb ROI: 4.98% Traditional ROI: 4.16%
39 Eason Drive PHENIX CITY, AL Welcome to this well-maintained 3-bedroom, 2-bath home nestled in a peaceful neighborhood ...	3 beds \| 2 baths \| 2,224 sq.ft.	$234,900	Airbnb cash on cash: 5.93% Traditional cash on cash: 4.61% Airbnb Rental Income: $2351 Traditional Rental Income: $1475 Airbnb ROI: 5.93% Traditional ROI: 4.61%
4601 Newsome Drive PHENIX CITY, AL Don't miss this charming 3-bedroom, 2-bathroom brick home offering approximately 1,200 sqf...	3 beds \| 2 baths \| 1,134 sq.ft.	$179,900	Airbnb cash on cash: 8.52% Traditional cash on cash: 5.69% Airbnb Rental Income: $2351 Traditional Rental Income: $1287 Airbnb ROI: 8.52% Traditional ROI: 5.69%
4203 Bridgewater Drive PHENIX CITY, AL This Bridgewater subdivision home offers 2134 SqFt, 3 bedrooms, 2.5 bathrooms, dine-in kit...	3 beds \| 3 baths \| 2,141 sq.ft.	$268,500	Airbnb cash on cash: 4.11% Traditional cash on cash: 5.26% Airbnb Rental Income: $2351 Traditional Rental Income: $2062 Airbnb ROI: 4.11% Traditional ROI: 5.26%

Real Estate investment in Phenix-city, AL

There are 196 properties for sale in the city of Phenix City . The median list price in Phenix City is $245,000 and the average price per square foot is $133. In September 2025, the average monthly cash on cash return in Phenix City is 6.00%. The average monthly rental income in Phenix City is $1,638.

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

There are 196 investment properties available for sale in Phenix-city.

In 2025, 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 $1,638.

Your search for investment property begins and ends here

Investment Property for Sale in Phenix City, AL

2245 LEE ROAD 0208

PHENIX CITY, AL

4 beds | 2 baths | 1,444 sq.ft.

$194,900

Airbnb cash on cash: 3.65%

Traditional cash on cash: 7.22%

Airbnb Rental Income: $1464

Traditional Rental Income: $1691

Airbnb ROI: 3.65%

Traditional ROI: 7.22%

1604 48th Street

PHENIX CITY, AL

3 beds | 2 baths | 1,853 sq.ft.

$259,900

Airbnb cash on cash: 5.37%

Traditional cash on cash: 5.07%

Airbnb Rental Income: $2351

Traditional Rental Income: $1697

Airbnb ROI: 5.37%

Traditional ROI: 5.07%

2725 Dotti Drive

PHENIX CITY, AL

3 beds | 3 baths | 1,572 sq.ft.

$205,000

Airbnb cash on cash: 6.57%

Traditional cash on cash: 4.95%

Airbnb Rental Income: $2351

Traditional Rental Income: $1455

Airbnb ROI: 6.57%

Traditional ROI: 4.95%

2915 Creekstone Lane

PHENIX CITY, AL

4 beds | 3 baths | 2,224 sq.ft.

$345,000

Airbnb cash on cash: 0.83%

Traditional cash on cash: 5.05%

Airbnb Rental Income: $1464

Traditional Rental Income: $2399

Airbnb ROI: 0.83%

Traditional ROI: 5.05%

25 Trafford Trail

PHENIX CITY, AL

4 beds | 3 baths | 1,972 sq.ft.

$275,000

Airbnb cash on cash: 2.17%

Traditional cash on cash: 5.7%

Airbnb Rental Income: $1464

Traditional Rental Income: $1946

Airbnb ROI: 2.17%

Traditional ROI: 5.7%

3 Ivy Cross

PHENIX CITY, AL

4 beds | 4 baths | 3,321 sq.ft.

$429,900

Airbnb cash on cash: 0.74%

Traditional cash on cash: 4.31%

Airbnb Rental Income: $1464

Traditional Rental Income: $2471

Airbnb ROI: 0.74%

Traditional ROI: 4.31%

187 Lee Road 2105

PHENIX CITY, AL

4 beds | 2 baths | 1,934 sq.ft.

$249,900

Airbnb cash on cash: 2.57%

Traditional cash on cash: 5.85%

Airbnb Rental Income: $1464

Traditional Rental Income: $1805

Airbnb ROI: 2.57%

Traditional ROI: 5.85%

2607 5th Street

PHENIX CITY, AL

4 beds | 3 baths | 2,676 sq.ft.

$290,000

Airbnb cash on cash: 1.91%

Traditional cash on cash: 6.83%

Airbnb Rental Income: $1464

Traditional Rental Income: $2373

Airbnb ROI: 1.91%