540 Waterpoint WayOpelikaAL36801
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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 540 Waterpoint Way, Opelika, AL, 36801 priced at $290,000 pairs $2,417/mo rent with $681/mo cash flow after a $1,419/mo payment. Total monthly income equals $2,417/mo, and annual cash flow comes to $8,166/yr on $96,135 invested. Return on cash invested is 28.4% in year one, and rental yield stands at 10% on a $290,000 basis. Equity gained on principal adds $1,871/yr, and 5% annual appreciation accumulates to $80,122 by year five. Five-year ROI measures 148.16% and total cumulative return in cash reaches $142,432. For financing, Ziffy Mortgage’s DSCR program evaluates $2,417/mo property income against a $1,419/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2023
N/A lot
$N/A/sqft
$100 monthly 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: JEFFREY GLASSCOCK • HAYLEY ENTERPRISES
Mls Name: LCMLS
Mls ID: #174434
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.