3022 Yards LnOpelikaAL36801
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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
Rental property for sale in Opelika at 3022 Yards Ln, Opelika, AL, 36801 offers $1,380/mo rent that, after a $2,414/mo payment. Total monthly income is $1,380/mo. Return on cash invested measures 9.6% in year one, and rental yield stands at 3.36% at a $493,153 entry. Equity gained on principal adds $3,182/yr while 5% annual appreciation compounds into $136,249 by year five. Five-year ROI records 46.89% and total cumulative return in cash reaches $76,650. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,380/mo property income versus a $2,414/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
3,920 sqft 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: THE NATIONAL VILLAGE TEAM • NATIONAL VILLAGE REALTY BRANCH
Mls Name: LCMLS
Mls ID: #175702
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.