208 Carol Ann DrOppAL36467
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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 Opp at 208 Carol Ann Dr, Opp, AL, 36467 generates $1,914/mo in rent and, after a $1,101/mo payment, leaves $644/mo in cash flow. Total monthly income is $1,914/mo, and annual cash flow is $7,731/yr on $74,588 invested. Return on cash invested sits at 30.27% in year one, and rental yield is 10.21% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 157.74% and total cumulative return in cash sums $117,657. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,914/mo property income rather than buyer’s personal income.
Single Family
Built in 1986
0.57 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: #24647
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.