878 Ski Spray PointOpelikaAL36804
Nearby investment properties with comparable rents
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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 878 Ski Spray Point, Opelika, AL, 36804 at $885,000 posts ROI 16.41% with from $4,186/mo rent. Total monthly income equals $4,186/mo. Return on cash invested measures 16.41% and rental yield reads 5.68% at the current $885,000. Equity gained on principal adds $5,711/yr, and 5% annual appreciation supports $244,509 by year five. Five-year ROI prints 83.45% and total cumulative return in cash totals $242,970. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,186/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2020
1.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36804, Opelika, AL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
9,131
Single Family
8,525
Multi-Family
606
Businesses
284
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Nearby investment properties with comparable prices
Listed by: ANGELYN MCCOY • RE/MAX PROFESSIONAL PARTNERS
Mls Name: LCMLS
Mls ID: #174958
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.