106 Spurlin StOppAL36467
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Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Opp at 106 Spurlin St, Opp, AL, 36467 at $105,000 posts ROI 27.98% with $234/mo cash flow from $827/mo rent. Total monthly income equals $827/mo, and annual cash flow records $2,811/yr on $34,808 to close. Return on cash invested measures 27.98% and rental yield reads 9.45% at the current $105,000. Equity gained on principal adds $678/yr, and 5% annual appreciation supports $29,010 by year five. Five-year ROI prints 145.56% and total cumulative return in cash totals $50,666.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $827/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1946
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36467, Opp, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,719 (100%) |
| Owner Occupied HU | 2,886 (61.2%) |
| Renter Occupied HU | 1,184 (25.1%) |
| Vacant Housing Units | 649 (13.8%) |
| Median Home Value | $146,583 |
| Average Home Value | $170,743 |
Housing Distribution
Address Breakdown
Residential
4,301
Single Family
4,183
Multi-Family
118
Businesses
375
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Listed by: Mary Katie Fuller • Southern Point Properties
Mls Name: Covington AOR
Mls Provider:
Mls ID: #23604
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.