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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
Currently Rented
Rental Income
Listed for sale 3 days ago
$ 199,000
ROI
31.2
Cash Flow/m
632- - Bed
- - Bath
- 2385 sft
1401 Magnolia St, Opelika, AL, 36801
Listed for sale 3 days ago
$ 189,000
ROI
23.9Cash Flow/m
215- 2 Bed
- 2 Bath
- 1014 sft
500 Waverly Pl, Opelika, AL, 36801
$ 189,900
ROI
27.0Cash Flow/m
384- 5 Bed
- 3 Bath
- 2240 sft
191 Lee Road 2012, Opelika, AL, 36804
$ 172,500
ROI
32.0Cash Flow/m
586- 3 Bed
- 2 Bath
- 1280 sft
250 Lee Road 2007, Opelika, AL, 36804
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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