2706 Heather PlOpelikaAL36804
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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 2706 Heather Pl, Opelika, AL, 36804 uses $109,395 cash to close to unlock $8,518/yr annual cash flow and $710/mo monthly cash flow. Total monthly income runs $2,698/mo, and a $1,615/mo payment keeps the spread at $710/mo. Purchase price stands at $330,000, and rental yield measures 9.81% with $2,698/mo rent. Return on cash invested shows 27.7% in year one, and 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 144.37% and total cumulative return in cash records $157,931. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,698/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Single Family
Built in 2020
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36804, Opelika, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,282 (100%) |
| Owner Occupied HU | 6,903 (74.4%) |
| Renter Occupied HU | 1,851 (19.9%) |
| Vacant Housing Units | 528 ( 5.7%) |
| Median Home Value | $270,503 |
| Average Home Value | $300,208 |
Housing Distribution
Address Breakdown
Residential
9,131
Single Family
8,525
Multi-Family
606
Businesses
284
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Listed by: CATHERINE RAMEY • COLDWELL BANKER ALLIANCE
Mls Name: LCMLS
Mls ID: #174076
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.