906 King AveOppAL36467
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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 Opp at 906 King Ave, Opp, AL, 36467 with 5% annual appreciation on a $148,000 basis while $1,414/mo rent supports operations. Total monthly income totals $1,414/mo and a $724/mo payment preserves $579/mo for cash returns. Annual cash flow comes to $6,948/yr on $49,062 deployed, and return on cash invested reaches 34.07% in year one. Equity gained on principal adds $955/yr, and five-year appreciation sums $40,890 alongside rental yield of 11.46%. Five-year ROI measures 178.06% and total cumulative return in cash totals $87,362.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,414/mo property income versus a $724/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36467, Opp, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,719 (100%) |
| Owner Occupied HU | 2,886 (61.2%) |
| Renter Occupied HU | 1,184 (25.1%) |
| Vacant Housing Units | 649 (13.8%) |
| Median Home Value | $146,583 |
| Average Home Value | $170,743 |
Housing Distribution
Address Breakdown
Residential
4,301
Single Family
4,183
Multi-Family
118
Businesses
375
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Listed by: Debra Donaldson • Coldwell Banker 1st Choice Realty
Mls Name: Covington AOR
Mls Provider:
Mls ID: #25191
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.