1804 Old Columbus RdOpelikaAL36804
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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
Investment property for sale in Opelika at 1804 Old Columbus Rd, Opelika, AL, 36804 uses $71,273 cash to close to unlock $3,477/yr annual cash flow and $290/mo monthly cash flow. Total monthly income runs $1,503/mo, and a $1,052/mo payment keeps the spread at $290/mo. Purchase price stands at $215,000, and rental yield measures 8.39% with $1,503/mo rent. Return on cash invested shows 24.79% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 128.3% and total cumulative return in cash records $91,441. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,503/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Manufactured
Built in 2024
0.40 Acres lot
$N/A/sqft
No 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: CLIFF GLANSEN • FLATFEE.COM
Mls Name: LCMLS
Mls ID: #172279
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.