113 Summer StOpelikaAL36804
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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 113 Summer St, Opelika, AL, 36804 priced at $261,579 converts $1,440/mo rent into after a $1,280/mo obligation. Total monthly income equals $1,440/mo. Return on cash invested prints 17.47% in year one, and rental yield reads 6.61% against a $261,579 entry. Equity gained on principal adds $1,688/yr, while 5% annual appreciation compiles into $72,269 by year five. Five-year ROI reaches 89.75% and total cumulative return in cash sums $77,829. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,440/mo property income covering a $1,280/mo payment, not borrower’s personal income.
Townhouse
Built in 2026
2,613 sqft lot
$N/A/sqft
$140 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36804, Opelika, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,282 (100%) |
| Owner Occupied HU | 6,903 (74.4%) |
| Renter Occupied HU | 1,851 (19.9%) |
| Vacant Housing Units | 528 ( 5.7%) |
| Median Home Value | $270,503 |
| Average Home Value | $300,208 |
Housing Distribution
Address Breakdown
Residential
9,131
Single Family
8,525
Multi-Family
606
Businesses
284
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Listed by: TAFT LEDBETTER • HOLLAND HOME SALES
Mls Name: LCMLS
Mls ID: #178067
Disclaimer: The data relating to real estate for sale on this web-site comes in part from the Internet Data Exchange Program of Lee County Association of REALTORS. Information is deemed reliable but is not guaranteed.