2456 Frederick Rd #Kw2x59OpelikaAL36804
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2456 Frederick Rd #Kw2x59, Opelika, AL, 36804 priced at $315,800 converts $2,317/mo rent into $534/mo cash flow after a $1,546/mo obligation. Total monthly income equals $2,317/mo, and annual cash flow totals $6,410/yr on $104,688 invested. Return on cash invested prints 26.03% in year one, and rental yield reads 8.8% against a $315,800 entry. Equity gained on principal adds $2,038/yr, while 5% annual appreciation compiles into $87,250 by year five. Five-year ROI reaches 135% and total cumulative return in cash sums $141,328. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,317/mo property income covering a $1,546/mo payment, not borrower’s personal income.
Home Type Unknown
Built in N/A
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices