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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Opelika at 2890 Ridge Crest Ct #12, Opelika, AL, 36801 earns $144/mo cash flow from $1,457/mo rent with a $1,052/mo payment. Total monthly income totals $1,457/mo, and annual cash flow totals $1,725/yr on $71,273 capital. ROI tracks 22.33% on current figures, and rental yield reads 8.13% at a $215,000 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 over five years. Five-year ROI reaches 115.72% and total cumulative return in cash sums $82,477. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,457/mo property income instead of your personal income.
Condo
Built in 2024
0.25 Acres lot
$N/A/sqft
$100 monthly HOA
Neighborhood data shown for ZIP Code: 36801, Opelika, AL area.
| 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 |
Residential
11,424
Single Family
9,714
Multi-Family
1,710
Businesses
1,313
Date | Event | Price |
|---|---|---|
| 2024-12-16 | Sold | $215,000 |
| 2024-11-04 | Pending sale | $217,000 |
| 2024-11-02 | Price change | $218,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: BROOKE CHASE • HARRIS DOYLE HOMES
Mls Name: LCMLS
Mls ID: #171903
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.
