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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Opelika, AL

$ 185,000
ROI
28.3
Cash Flow/m
439- 3 Bed
- 2 Bath
- 1014 sft
1609 Jollit Ave, Opelika, AL, 36801

$ 187,000
ROI
34.3
Cash Flow/m
754- 2 Bed
- 2 Bath
- 1107 sft
Robertsdale - Structure Only on Customer's Land Plan, Opelika Sales and Design Studio, Opelika, AL, 36804

$ 172,000
ROI
27.4
Cash Flow/m
365- - Bed
- 2 Bath
- 1073 sft
15501 State Highway 51, Opelika, AL, 36804

$ 150,000
ROI
26.8
Cash Flow/m
293- 3 Bed
- 2 Bath
- 912 sft
1900 Jollit Ave, Opelika, AL, 36801
Why Invest in Opelika, Alabama?
Discover **investment properties under $200k** in Opelika, AL, offering strong entry points for cash-flowing rentals. Opelika's proximity to Auburn University drives consistent rental demand. Average rents around $1,100/month yield solid cap rates of 7-9%. Annual appreciation of 4% and 45% renter occupancy support long-term holds. Low entry costs make it ideal for value-add strategies in this growing market.
9.2%
Avg. ROI
8.5%
Rental Yield
8.1%
Cap Rate
$320/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
Yes, multiple single-family homes and land parcels under $200k are listed in Opelika. These offer fixer-upper potential or buildable lots near Auburn. Investors find value in areas like Westside and historic districts.
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