601 Overlook DrOpelikaAL36801
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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 601 Overlook Dr, Opelika, AL, 36801 priced at $710,000 pairs $1,980/mo rent with after a $3,475/mo payment. Total monthly income equals $1,980/mo. Return on cash invested is 9.64% in year one, and rental yield stands at 3.35% on a $710,000 basis. Equity gained on principal adds $4,582/yr, and 5% annual appreciation accumulates to $196,160 by year five. Five-year ROI measures 47.05% and total cumulative return in cash reaches $109,895. For financing, Ziffy Mortgage’s DSCR program evaluates $1,980/mo property income against a $3,475/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1976
2.11 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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