2797 Stokes DrOpelikaAL36804
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
Investment Highlights
Investment property for sale in Opelika at 2797 Stokes Dr, Opelika, AL, 36804 with 5% annual appreciation on a $260,340 basis while $1,560/mo rent supports operations. Total monthly income totals $1,560/mo and a $1,274/mo payment preserves $91/mo for cash returns. Annual cash flow comes to $1,089/yr on $86,303 deployed, and return on cash invested reaches 21.17% in year one. Equity gained on principal adds $1,680/yr, and five-year appreciation sums $71,927 alongside rental yield of 7.19%. Five-year ROI measures 108.91% and total cumulative return in cash totals $93,988.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,560/mo property income versus a $1,274/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
5,227 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: ELYSA BROWN • BERKSHIRE HATHAWAY HOMESERVICES
Mls Name: LCMLS
Mls ID: #174974
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.