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: -0.18% Traditional cash on cash: 5.78% Airbnb Rental Income: $846 Traditional Rental Income: $2528 Airbnb ROI: -0.18% Traditional ROI: 5.78%
3013 3rd Avenue PHENIX CITY, AL OPEN HOUSE: April 18, 2026 TIME: 12:00-2:00PM (EST) Located just minutes from the beautifu...	4 beds \| 3 baths \| 2,074 sq.ft.	$289,900	Airbnb cash on cash: -0.21% Traditional cash on cash: 7.16% Airbnb Rental Income: $846 Traditional Rental Income: $2530 Airbnb ROI: -0.21% Traditional ROI: 7.16%
231 Lee Road 539 PHENIX CITY, AL ABSOLUTE STUNNER that's MOVE-IN READY & PRICED JUST RIGHT in a highly sought area of Lee C...	3 beds \| 2 baths \| 1,373 sq.ft.	$259,900	Airbnb cash on cash: 0.51% Traditional cash on cash: 3.73% Airbnb Rental Income: $967 Traditional Rental Income: $1406 Airbnb ROI: 0.51% Traditional ROI: 3.73%
2004 46th Street PHENIX CITY, AL This beautifully updated home feels like new and offers 1,140 sq ft of comfortable living ...	2 beds \| 2 baths \| 1,140 sq.ft.	$165,000	Airbnb cash on cash: 3.75% Traditional cash on cash: 3.15% Airbnb Rental Income: $1289 Traditional Rental Income: $790 Airbnb ROI: 3.75% Traditional ROI: 3.15%
14 Elizabeth Way PHENIX CITY, AL Situated on a spacious 1 acre lot in Phenix City, this home offers 3 bedrooms, 2 bathrooms...	3 beds \| 2 baths \| 1,958 sq.ft.	$315,000	Airbnb cash on cash: 0.46% Traditional cash on cash: 4.08% Airbnb Rental Income: $967 Traditional Rental Income: $1691 Airbnb ROI: 0.46% Traditional ROI: 4.08%
55 Lee Road 2105 PHENIX CITY, AL Welcome to 55 Lee Road 2105! This well maintained 3 bedroom, 2 bath home is ready for its ...	3 beds \| 2 baths \| 1,456 sq.ft.	$249,900	Airbnb cash on cash: 0.93% Traditional cash on cash: 4.53% Airbnb Rental Income: $967 Traditional Rental Income: $1465 Airbnb ROI: 0.93% Traditional ROI: 4.53%
717 Lee Rd 850 PHENIX CITY, AL Fully renovated 3 bedroom, 2 bath ranch offering 1,680 square feet of comfortable, move-in...	3 beds \| 2 baths \| 1,680 sq.ft.	$275,000	Airbnb cash on cash: 0.73% Traditional cash on cash: 4.63% Airbnb Rental Income: $967 Traditional Rental Income: $1628 Airbnb ROI: 0.73% Traditional ROI: 4.63%
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: 0.09% Traditional cash on cash: 4.32% Airbnb Rental Income: $967 Traditional Rental Income: $2045 Airbnb ROI: 0.09% 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: -0.04% Traditional cash on cash: 4.99% Airbnb Rental Income: $846 Traditional Rental Income: $1750 Airbnb ROI: -0.04% Traditional ROI: 4.99%
4200 Bridgecrest Drive PHENIX CITY, AL Great condo in Phenix City near Lakewood Golf Course! Enjoy your favorite beverage on your...	2 beds \| 2 baths \| 1,294 sq.ft.	$170,000	Airbnb cash on cash: 3.48% Traditional cash on cash: 6.15% Airbnb Rental Income: $1289 Traditional Rental Income: $1318 Airbnb ROI: 3.48% Traditional ROI: 6.15%
1279 43RD Avenue PHENIX CITY, AL Welcome to this spacious and versatile 1 1/2-story home with a finished basement and doubl...	3 beds \| 3 baths \| 1,786 sq.ft.	$224,000	Airbnb cash on cash: 0.87% Traditional cash on cash: 6.18% Airbnb Rental Income: $967 Traditional Rental Income: $1744 Airbnb ROI: 0.87% Traditional ROI: 6.18%
2408 Ridgewood Drive PHENIX CITY, AL Located in an established Phenix City neighborhood, 2408 Ridgewood Drive offers 2,856 squa...	4 beds \| 3 baths \| 2,856 sq.ft.	$350,000	Airbnb cash on cash: -0.84% Traditional cash on cash: 4.39% Airbnb Rental Income: $846 Traditional Rental Income: $2235 Airbnb ROI: -0.84% Traditional ROI: 4.39%
5 Willow Branch Drive PHENIX CITY, AL 2 story home located in Willow Trace Subdivision. 3 br/2.5 ba. Main floor features entry f...	3 beds \| 3 baths \| 1,496 sq.ft.	$169,900	Airbnb cash on cash: 1.82% Traditional cash on cash: 8.35% Airbnb Rental Income: $967 Traditional Rental Income: $1675 Airbnb ROI: 1.82% Traditional ROI: 8.35%
850 Lee Road 2017 PHENIX CITY, AL Pool Home on 2.29 Acres in Beautiful Deerfield Subdivision! This stunning 3-bedroom, 3-bat...	3 beds \| 3 baths \| 2,897 sq.ft.	$489,900	Airbnb cash on cash: -0.21% Traditional cash on cash: 2.76% Airbnb Rental Income: $967 Traditional Rental Income: $1976 Airbnb ROI: -0.21% Traditional ROI: 2.76%
301 Irish Lane PHENIX CITY, AL Stunning Move-In Ready Retreat on a Premium Corner Lot! This exquisite two-story home offe...	4 beds \| 3 baths \| 2,453 sq.ft.	$325,000	Airbnb cash on cash: -0.03% Traditional cash on cash: 5.93% Airbnb Rental Income: $846 Traditional Rental Income: $2337 Airbnb ROI: -0.03% Traditional ROI: 5.93%
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: -0.57% Traditional cash on cash: 5.79% Airbnb Rental Income: $846 Traditional Rental Income: $2532 Airbnb ROI: -0.57% Traditional ROI: 5.79%
71 Misty Forest Drive PHENIX CITY, AL If you're looking for a home that offers space, a functional layout, and a location that k...	4 beds \| 3 baths \| 2,400 sq.ft.	$299,900	Airbnb cash on cash: 0.03% Traditional cash on cash: 5.91% Airbnb Rental Income: $846 Traditional Rental Income: $2176 Airbnb ROI: 0.03% Traditional ROI: 5.91%
90 Lee Road 2112 PHENIX CITY, AL Welcome home to this beautifully updated gem tucked away on a spacious cul-de-sac lot in t...	4 beds \| 2 baths \| 1,642 sq.ft.	$265,000	Airbnb cash on cash: 0.28% Traditional cash on cash: 4.8% Airbnb Rental Income: $846 Traditional Rental Income: $1646 Airbnb ROI: 0.28% Traditional ROI: 4.8%
2 Harding Drive PHENIX CITY, AL Welcome to this beautifully updated home in the highly sought after Fairhaven community of...	4 beds \| 3 baths \| 2,304 sq.ft.	$260,500	Airbnb cash on cash: -0.43% Traditional cash on cash: 6.28% Airbnb Rental Income: $846 Traditional Rental Income: $2164 Airbnb ROI: -0.43% Traditional ROI: 6.28%
196 Lee Road 2090 PHENIX CITY, AL Situated on a spacious lot in Phenix City, this home offers 3 bedrooms, 2 bathrooms, and 1...	3 beds \| 2 baths \| 1,294 sq.ft.	$225,000	Airbnb cash on cash: 1.16% Traditional cash on cash: 5.63% Airbnb Rental Income: $967 Traditional Rental Income: $1569 Airbnb ROI: 1.16% Traditional ROI: 5.63%
30 Silver Leaf Loop PHENIX CITY, AL Welcome to 30 Silver Leaf Loop, a pristine, FRESHLY PAINTED, 4BR/3BA home in the highly so...	4 beds \| 3 baths \| 2,440 sq.ft.	$379,900	Airbnb cash on cash: -0.37% Traditional cash on cash: 5.72% Airbnb Rental Income: $846 Traditional Rental Income: $2686 Airbnb ROI: -0.37% Traditional ROI: 5.72%
17 Lee Road 2066 PHENIX CITY, AL Discover this beautifully renovated 3-bed, 2-bath home tucked away on a quiet cul-de-sac i...	3 beds \| 2 baths \| 1,285 sq.ft.	$219,900	Airbnb cash on cash: 0.83% Traditional cash on cash: 5.17% Airbnb Rental Income: $967 Traditional Rental Income: $1520 Airbnb ROI: 0.83% Traditional ROI: 5.17%
1901 5th Street S PHENIX CITY, AL Welcome to this charming and well-maintained 3 bedrooms, 1 bathroom ranch-style home nestl...	3 beds \| 1 baths \| 1,120 sq.ft.	$129,900	Airbnb cash on cash: 2.78% Traditional cash on cash: 7.66% Airbnb Rental Income: $967 Traditional Rental Income: $1226 Airbnb ROI: 2.78% Traditional ROI: 7.66%
879 Lee Road 230 PHENIX CITY, AL Beautifully renovated and move-in ready, this stunning 3 bedroom, 2 bath home offers the p...	3 beds \| 2 baths \| 2,113 sq.ft.	$319,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 3.54% Airbnb Rental Income: $967 Traditional Rental Income: $1587 Airbnb ROI: 0.3% Traditional ROI: 3.54%
215 Lee Road 0997 PHENIX CITY, AL Well-Kept Move in Ready 3 bedroom / 2 bath home! Upstairs: Private owner suite with separa...	3 beds \| 2 baths \| 1,397 sq.ft.	$250,000	Airbnb cash on cash: 0.81% Traditional cash on cash: 4.48% Airbnb Rental Income: $967 Traditional Rental Income: $1483 Airbnb ROI: 0.81% Traditional ROI: 4.48%
9 Megan Street PHENIX CITY, AL Welcome to 9 Megan Street in Phenix City! This charming home offers the perfect blend of c...	3 beds \| 2 baths \| 1,448 sq.ft.	$240,000	Airbnb cash on cash: 0.9% Traditional cash on cash: 4.72% Airbnb Rental Income: $967 Traditional Rental Income: $1484 Airbnb ROI: 0.9% Traditional ROI: 4.72%
402 Lee Road 2203 PHENIX CITY, AL Nestled in the center of a tranquil cul-de-sac, this home beckons with its inviting faade ...	4 beds \| 3 baths \| 2,337 sq.ft.	$339,900	Airbnb cash on cash: -0.07% Traditional cash on cash: 5.74% Airbnb Rental Income: $846 Traditional Rental Income: $2374 Airbnb ROI: -0.07% Traditional ROI: 5.74%
2006 Carriage Drive PHENIX CITY, AL This beautiful brick home has 4 bedrooms, 2 baths, and 2,020 sq. ft. of open living space....	4 beds \| 2 baths \| 2,020 sq.ft.	$309,900	Airbnb cash on cash: 0.02% Traditional cash on cash: 5.92% Airbnb Rental Income: $846 Traditional Rental Income: $2236 Airbnb ROI: 0.02% Traditional ROI: 5.92%
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: 1.12% Traditional cash on cash: 9.21% Airbnb Rental Income: $846 Traditional Rental Income: $1863 Airbnb ROI: 1.12% Traditional ROI: 9.21%
476 Lee Road 520 PHENIX CITY, AL MOVE-IN READY home in rural Phenix City. This cutie has fresh paint for that clean look yo...	3 beds \| 2 baths \| 1,201 sq.ft.	$220,000	Airbnb cash on cash: 0.92% Traditional cash on cash: 5.27% Airbnb Rental Income: $967 Traditional Rental Income: $1524 Airbnb ROI: 0.92% Traditional ROI: 5.27%
476 Lee Road 0520 PHENIX CITY, AL MOVE-IN READY home in rural Phenix City. This cutie has fresh paint for that clean look yo...	3 beds \| 2 baths \| 1,201 sq.ft.	$220,000	Airbnb cash on cash: 1.1% Traditional cash on cash: 4.66% Airbnb Rental Income: $967 Traditional Rental Income: $1358 Airbnb ROI: 1.1% Traditional ROI: 4.66%
700 Lee Road 197 PHENIX CITY, AL This Mediterranean-inspired ranch has so much to offer - 3 bedrooms, 2 bathrooms, and 1,86...	3 beds \| 2 baths \| 1,861 sq.ft.	$335,000	Airbnb cash on cash: 0.21% Traditional cash on cash: 6.46% Airbnb Rental Income: $967 Traditional Rental Income: $2586 Airbnb ROI: 0.21% Traditional ROI: 6.46%
20 Springwood Drive PHENIX CITY, AL This beautiful home features 3 spacious bedrooms, 2.5 baths, large open living area, grani...	3 beds \| 3 baths \| 2,075 sq.ft.	$309,000	Airbnb cash on cash: 0.26% Traditional cash on cash: 5.32% Airbnb Rental Income: $967 Traditional Rental Income: $2090 Airbnb ROI: 0.26% Traditional ROI: 5.32%
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.	$575,000	Airbnb cash on cash: -0.76% Traditional cash on cash: 3.51% Airbnb Rental Income: $846 Traditional Rental Income: $2808 Airbnb ROI: -0.76% Traditional ROI: 3.51%
1903 Serene Court PHENIX CITY, AL Tucked away on a quiet cul-de-sac, this beautifully maintained 3-bedroom, 2-bath ranch off...	3 beds \| 2 baths \| 1,575 sq.ft.	$259,900	Airbnb cash on cash: 0.64% Traditional cash on cash: 3.52% Airbnb Rental Income: $967 Traditional Rental Income: $1325 Airbnb ROI: 0.64% Traditional ROI: 3.52%
7 Mann Street PHENIX CITY, AL 3 bedroom, 2 bathroom home on a 0.48 acre lot offering space, functionality, and outdoor f...	3 beds \| 2 baths \| 1,294 sq.ft.	$205,000	Airbnb cash on cash: 1.46% Traditional cash on cash: 4.74% Airbnb Rental Income: $967 Traditional Rental Income: $1255 Airbnb ROI: 1.46% Traditional ROI: 4.74%
2901 Creekstone Lane PHENIX CITY, AL Welcome home to this gorgeously remodeled single-family residence nestled on a spacious 1-...	3 beds \| 2 baths \| 1,961 sq.ft.	$349,900	Airbnb cash on cash: -0.34% Traditional cash on cash: 3.18% Airbnb Rental Income: $967 Traditional Rental Income: $1772 Airbnb ROI: -0.34% Traditional ROI: 3.18%
1714 20th Avenue PHENIX CITY, AL Charming 2-bedroom, 1-bath home offering comfortable living in a convenient location. With...	2 beds \| 1 baths \| 900 sq.ft.	$99,000	Airbnb cash on cash: 6.58% Traditional cash on cash: 7.87% Airbnb Rental Income: $1289 Traditional Rental Income: $1009 Airbnb ROI: 6.58% Traditional ROI: 7.87%

Real Estate investment in Phenix-city, AL

There are 256 properties for sale in the city of Phenix City . The median list price in Phenix City is $265,000 and the average price per square foot is $144. In May 2026, the average monthly cash on cash return in Phenix City is 5.00%. The average monthly rental income in Phenix City is $1,650.

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

There are 256 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 $1,650.

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: -0.18%

Traditional cash on cash: 5.78%

Airbnb Rental Income: $846

Traditional Rental Income: $2528

Airbnb ROI: -0.18%

Traditional ROI: 5.78%

3013 3rd Avenue

PHENIX CITY, AL

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

$289,900

Airbnb cash on cash: -0.21%

Traditional cash on cash: 7.16%

Airbnb Rental Income: $846

Traditional Rental Income: $2530

Airbnb ROI: -0.21%

Traditional ROI: 7.16%

231 Lee Road 539

PHENIX CITY, AL

3 beds | 2 baths | 1,373 sq.ft.

$259,900

Airbnb cash on cash: 0.51%

Traditional cash on cash: 3.73%

Airbnb Rental Income: $967

Traditional Rental Income: $1406

Airbnb ROI: 0.51%

Traditional ROI: 3.73%

2004 46th Street

PHENIX CITY, AL

2 beds | 2 baths | 1,140 sq.ft.

$165,000

Airbnb cash on cash: 3.75%

Traditional cash on cash: 3.15%

Airbnb Rental Income: $1289

Traditional Rental Income: $790

Airbnb ROI: 3.75%

Traditional ROI: 3.15%

14 Elizabeth Way

PHENIX CITY, AL

3 beds | 2 baths | 1,958 sq.ft.

$315,000

Airbnb cash on cash: 0.46%

Traditional cash on cash: 4.08%

Airbnb Rental Income: $967

Traditional Rental Income: $1691

Airbnb ROI: 0.46%

Traditional ROI: 4.08%

55 Lee Road 2105

PHENIX CITY, AL

3 beds | 2 baths | 1,456 sq.ft.

$249,900

Airbnb cash on cash: 0.93%

Traditional cash on cash: 4.53%

Airbnb Rental Income: $967

Traditional Rental Income: $1465

Airbnb ROI: 0.93%

Traditional ROI: 4.53%

717 Lee Rd 850

PHENIX CITY, AL

3 beds | 2 baths | 1,680 sq.ft.

$275,000

Airbnb cash on cash: 0.73%

Traditional cash on cash: 4.63%

Airbnb Rental Income: $967

Traditional Rental Income: $1628

Airbnb ROI: 0.73%

Traditional ROI: 4.63%

2307 Bridle Court

PHENIX CITY, AL

3 beds | 2 baths | 2,094 sq.ft.

$359,900

Airbnb cash on cash: 0.09%

Traditional cash on cash: 4.32%

Airbnb Rental Income: $967

Traditional Rental Income: $2045

Airbnb ROI: 0.09%