334-245-0763 [email protected]

502 2nd StreetOpp, AL 36467Price: $60,000

  • Price: $60,000
  • Est. Mortgage of $/month
  • 1 Day on Market
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Federal 30-year interest rate: 7.32% last updated on Oct 22, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $60,000List Price
  • 3Bedrooms
  • 1Bathrooms
  • 0.21Acreage
  • CovingtonCounty

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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.

Property Details of 502 2nd Street

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Listed by Carla Norman of Lakeside Realty LLC

 "Based on information submitted to AL State MLS as of October 23, 2026 7:17 AM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

 
 

 

 

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