314 N 2nd StOpelikaAL36801
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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 314 N 2nd St, Opelika, AL, 36801 uses $89,505 cash to close to unlock $4,938/yr annual cash flow and $412/mo monthly cash flow. Total monthly income runs $1,936/mo, and a $1,322/mo payment keeps the spread at $412/mo. Purchase price stands at $269,999, and rental yield measures 8.6% with $1,936/mo rent. Return on cash invested shows 25.43% in year one, and 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 131.74% and total cumulative return in cash records $117,913. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,936/mo property income covering a $1,322/mo payment rather than investor’s personal income.
Single Family
Built in 1940
0.41 Acres 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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