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3 Beds
1 Bath
936 sqft

$60,000

502 2nd St, Opp AL, 36467

Price per sqft$64.10
Built in1950
Property size936 sqft
Property typeResidential

Overview

Active

Updated 2 weeks ago

TURNKEY RENTAL ASSET: 11% GROSS YIELD & ~7.7%-8.3% CAP RATE UNDER $60K! Immediate cash flow awaits with this turnkey single-family rental in the established Sunnyslope neighborhood of Opp! Perfect for investors seeking high returns and steady passive income, this low-maintenance property features an in-place tenant paying $550/month with zero vacancy downtime from day one.Layout: Functional 936 sq. ft. layout offering 3 bedrooms and 1 full bath.Lot & Grounds: Situated on a generous 0.21-acre parcel with ample yard space and room to add value.Low Overhead: Favorable Covington County ad valorem property tax basis (historically under $300/year), maximizing your net operating returns.

$399/mo

Est. mortgage payment based on a $60,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12038244
Available since
October 26, 2026

Interior Features

Bedrooms
3
Bathrooms
1
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.21 Acres

Other Property Details

Taxes
$310
Tax Frequency
Annually
View
Yes

Courtesy of Lakeside Realty LLC with ,
Listing Contact:  

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