2110 Cannon Gate Dr #QJ9LLOOpelikaAL36801
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 2110 Cannon Gate Dr #QJ9LLO, Opelika, AL, 36801 in Opelika. At $462,400 it earns $3,365/mo in rent and distributes $755/mo to the owner after the $2,079/mo payment, a consistent 8.73% yield. DSCR 1.62 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $127,753 in value; $4,259/yr in principal paydown compounds ownership stake. Total projected return: $222,880.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 5.8% |
| Monthly Cash Flow | $755 | $420 |
City averages based on Opelika market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,365 |
| Total Monthly Debt Service | $2,426 |
| DSCR Ratio | 1.39x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2023
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2023
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices