3048 Lakewood 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
Investment property for sale in Opelika at 3048 Lakewood Ln, Opelika, AL, 36801 uses $134,258 cash to close to unlock $3,951/yr annual cash flow and $329/mo monthly cash flow. Total monthly income runs $2,615/mo, and a $1,982/mo payment keeps the spread at $329/mo. Purchase price stands at $405,000, and rental yield measures 7.75% with $2,615/mo rent. Return on cash invested shows 22.85% in year one, and 5% annual appreciation builds toward $111,894 over five years. Five-year ROI reaches 117.93% and total cumulative return in cash records $158,330. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,615/mo property income covering a $1,982/mo payment rather than investor’s personal income.
Single Family
Built in 2022
7,840 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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