2003 Bruce AveOpelikaAL36801
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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 2003 Bruce Ave, Opelika, AL, 36801 priced at $154,000 pairs $1,194/mo rent with $325/mo cash flow after a $754/mo payment. Total monthly income equals $1,194/mo, and annual cash flow comes to $3,894/yr on $51,051 invested. Return on cash invested is 27.54% in year one, and rental yield stands at 9.3% on a $154,000 basis. Equity gained on principal adds $994/yr, and 5% annual appreciation accumulates to $42,547 by year five. Five-year ROI measures 143.08% and total cumulative return in cash reaches $73,046. For financing, Ziffy Mortgage’s DSCR program evaluates $1,194/mo property income against a $754/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1997
0.26 Acres 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: MICHAEL WALTON • THE DENSON GROUP
Mls Name: LCMLS
Mls ID: #172296
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.