2283 Cannon Gate DrOpelikaAL36801
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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 2283 Cannon Gate Dr, Opelika, AL, 36801 with 5% annual appreciation on a $531,300 basis while $3,452/mo rent supports operations. Total monthly income totals $3,452/mo and a $2,600/mo payment preserves $454/mo for cash returns. Annual cash flow comes to $5,442/yr on $174,798 deployed, and return on cash invested reaches 23.17% in year one. Equity gained on principal adds $3,428/yr, and five-year appreciation sums $146,788 alongside rental yield of 7.8%. Five-year ROI measures 119.6% and total cumulative return in cash totals $209,059.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,452/mo property income versus a $2,600/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
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
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