2603 Hammonds 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 2603 Hammonds Dr, Opelika, AL, 36801 earns $1,271/mo cash flow from $2,616/mo rent with a $1,145/mo payment. Total monthly income totals $2,616/mo, and annual cash flow totals $15,246/yr on $77,571 capital. ROI tracks 39.56% on current figures, and rental yield reads 13.42% at a $234,000 purchase. Equity gained on principal adds $1,510/yr, and 5% annual appreciation supports $64,650 over five years. Five-year ROI reaches 207.68% and total cumulative return in cash sums $161,103. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,616/mo property income instead of your personal income.
Single Family
Built in 1958
0.57 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: SALLIE DEEN • BERKSHIRE HATHAWAY HOMESERVICES
Mls Name: LCMLS
Mls ID: #175669
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.