Under $200K Investment Properties for Sale in Opelika, AL
Listed for sale 3 days ago
$ 199,900
ROI
27.0
Cash Flow/m
402- 2 Bed
- 2 Bath
- 1300 sft
1515 Fitzpatrick Ave APT 105, Opelika, AL, 36801
$ 190,000
ROI
23.7Cash Flow/m
209- 2 Bed
- 2 Bath
- 1121 sft
500 Waverly Pl APT 504, Opelika, AL, 36801
$ 109,900
ROI
28.2Cash Flow/m
258- 3 Bed
- 1 Bath
- 1437 sft
2109 Stone St, Opelika, AL, 36801
Currently Rented
Rental Income
$ 199,000
ROI
31.2Cash Flow/m
632- - Bed
- - Bath
- 2385 sft
1401 Magnolia St, 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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