Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Opelika at 618 8th Ave APT F, Opelika, AL, 36801 at $130,000 posts ROI 53.15% with $1,194/mo cash flow from $1,979/mo rent. Total monthly income equals $1,979/mo, and annual cash flow records $14,327/yr on $43,095 to close. Return on cash invested measures 53.15% and rental yield reads 18.27% at the current $130,000. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,917 by year five. Five-year ROI prints 280.91% and total cumulative return in cash totals $121,059.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,979/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1997
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 36801, Opelika, AL area.
| 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 |
Residential
11,424
Single Family
9,714
Multi-Family
1,710
Businesses
1,313
Date | Event | Price |
|---|---|---|
| 2025-02-27 | Sold | $130,000 |
| 2025-01-29 | Pending sale | $138,000 |
| 2025-01-10 | Price change | $138,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-03 | $1139.40 | 140.08% | $21,100 | 99.81% |
| 2022-11-03 | $474.60 | 20.50% | $10,560 | 19.19% |
| 2021-11-03 | $393.85 | N/A | $8,860 | N/A |
Listed by: JOSH WYCKOFF • THREE SIXTY EAST ALABAMA
Mls Name: LCMLS
Mls ID: #170853
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.
