108 Dover StOpelikaAL36801
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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
Rental property for sale in Opelika at 108 Dover St, Opelika, AL, 36801 priced at $184,900 converts $1,378/mo rent into $334/mo cash flow after a $905/mo obligation. Total monthly income equals $1,378/mo, and annual cash flow totals $4,012/yr on $61,294 invested. Return on cash invested prints 26.45% in year one, and rental yield reads 8.94% against a $184,900 entry. Equity gained on principal adds $1,193/yr, while 5% annual appreciation compiles into $51,084 by year five. Five-year ROI reaches 137.27% and total cumulative return in cash sums $84,139. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,378/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in 1920
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36801, Opelika, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,929 (100%) |
| Owner Occupied HU | 6,174 (51.8%) |
| Renter Occupied HU | 4,873 (40.9%) |
| Vacant Housing Units | 882 ( 7.4%) |
| Median Home Value | $257,616 |
| Average Home Value | $280,849 |
Housing Distribution
Address Breakdown
Residential
11,424
Single Family
9,714
Multi-Family
1,710
Businesses
1,313
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Listed by: Will Rembert • Prestige Property Brokers LLC
Mls Name: CBORGA
Mls Provider:
Mls ID: #220053
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.