








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Salem at 48 Lamb Rd, Salem, AL, 36804 generates $1,928/mo in rent, after a $2,080/mo payment. Total monthly income is $1,928/mo. Return on cash invested sits at 15.9% in year one, and rental yield is 5.44% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 80.64% and total cumulative return in cash sums $113,609. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,928/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
9 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 36804, Opelika, AL area.
| 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 |
Residential
9,131
Single Family
8,525
Multi-Family
606
Businesses
284
Date | Event | Price |
|---|---|---|
| 2025-10-03 | Sold | $425,000 |
| 2025-08-20 | Pending sale | $425,000 |
| 2025-07-18 | Listed for sale | $425,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | N/A | N/A | $25,060 | 10.30% |
| 2023-10-22 | N/A | N/A | $22,720 | 9.65% |
| 2022-10-22 | N/A | N/A | $20,720 | 8.25% |



Listed by: KRISTEN MCGRAW • CRAWFORD WILLIS GROUP
Mls Name: LCMLS
Mls ID: #175876
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.