2907 Ashley Ln · Opelika, AL 36801

$343,000

4 bd · 2.5 ba · 2,556 sqft · SingleFamily public records · 7 Days on market

Built 2017 8,712 sqft lot Est $360k · at est.

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +18.3/30.0
• ARV discount +9.7/15.0
• DSCR +5.7/10.0
• Rent growth +4.1/5.0
• 1% rule +3.8/10.0
• Livability +3.2/5.0
• Schools +2.9/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Crepe Myrtle Plan - Lot 60: 4BR, 2.5Bth – Now featuring Smart Home Technology and Builder's Signature Game Day Porch with built in HDMI wiring! This plan features Granite Counters with drop-in sinks. Open Concept flows from a beautiful entry foyer with hardwoods leading to a grand kitchen boasting a huge Island, SS appliances & b’fast area open to GR! Spacious GR w. fireplace. Formal DR w. Coffered Ceiling + Wainscoting. Mudroom w. cubbies. Master Suite w. double vanities, separate shower, & garden tub. 3 Additional Spacious bedrooms upstairs that share a full hall bath. Must See!

Key facts

• 8,712 sq ft lot
• 2 garage spots
• Built 2017

Property features AI

Finance

• Other: Located in the Anderson Lakes subdivision; Directions: From I-85 take Exit 64 toward Opelika; turn onto Anderson Road, enter Lakes at Anderson Road via Anderson Lakes Road, follow to Ashley Lane, turn right and continue to 2907 Ashley Ln in the cul-de-sac.
• HOA & community: Association amenities: Other

Exterior

• Parking: Attached garage with 2 spaces
• Utilities: Sewer connected
• Home design: Two-story residential home
• Construction: Cement siding; Slab foundation
• Exterior features: Privacy fencing

Interior

• Kitchen: Convection oven; Dishwasher; Gas cooktop; Microwave
• Flooring: Carpet; Tile; Wood
• Bathrooms: 2 full bathrooms; 1 half bathroom; 2 bathrooms on the main level
• Heating & cooling: Heat pump heating; Central electric air conditioning
• Interior features: See remarks (other interior features)

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath single-family listed at $343k.

Deal economics

• At list price, monthly cash flow is $314 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $301k (12.3% below list).
• Recommended offer: $301k (12.3% below list) — sets the bar for 1% rule.
• Cap rate 7.4% vs local median 3.8% in Opelika — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 63/100 on livability (#188 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: schools C-, employment C-, crime F.
• Opelika City (urban): math 27% / reading 43% proficiency, ranked #45 of 129 in AL (top 35%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 62% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+6.2%/yr); 532 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 75% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,858 units permitted in Lee County in 2024 (113 in 5+ unit buildings).
• At $3,008/mo this rent would consume 58% of the median local household income ($62k/yr) (locally 1025% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k of value loss. Plan a longer hold.
• Lee County population projected at +54% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $215k; list at $343k implies a 60% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 59% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $300,818 (12.3% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
3. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
4. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
5. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.88% ✗
• Cap rate: 7.39%
• Cash-on-cash: 3.92%
• DSCR: 1.17
• GRM: 9.5

CMA / ARV

• ARV (on-the-fly): $360,396
• Comps found: 10

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2907 Hannah Way	0.07mi	4/2.5	2,638 (+3%)	12mo	$346,000	$131	82
2504 Rocky Point Dr	0.20mi	4/2.5	2,331 (-9%)	1mo	$350,000	$150	75
2501 Harding Ct	0.15mi	4/3.0	2,272 (-11%)	2mo	$368,350	$162	71
2501 Harding Ct #12	0.18mi	4/3.0	2,272 (-11%)	2mo	$368,350	$162	70
2701 Carriage House Ln	0.29mi	4/2.5	2,593 (+1%)	20mo	$327,000	$126	68
2507 Rocky Point Dr	0.23mi	4/2.5	2,516 (-2%)	24mo	$339,900	$135	67
2410 Rocky Point Dr	0.23mi	4/2.5	2,406 (-6%)	22mo	$305,000	$127	61
2513 Northtowne Dr	0.31mi	5/3.0 (+1)	2,840 (+11%)	0mo	$400,000	$141	60
2705 Carriage House Ln	0.27mi	4/2.5	2,331 (-9%)	24mo	$319,000	$137	53
2097 Andrews Rd	0.66mi	4/2.5	2,923 (+14%)	24mo	$442,000	$151	25

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 6.25% rent growth · sell at horizon

5-year hold

• IRR: -7.0%
• Equity multiple: 0.73×
• Total profit: $-25,595
• Equity at exit: $51,142

10-year hold

• IRR: 5.9%
• Equity multiple: 1.49×
• Total profit: $47,408
• Equity at exit: $29,656

Cash invested: $96,040 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Alabama: 90 Strongly Landlord-Friendly · R+15
• County: — inherits STATE
• City: — inherits STATE

Right-to-evict in 7 days for non-payment; no rent control; preempted statewide; courts move quickly.

Methodology + full state rankings →

ZIP-level market 36801

• Home prices YoY: -30.9%
• Rents YoY: 6.2%
• Active inventory: 532
• Price-to-rent: 9.5×

Monthly cashflow live

• Estimated rent: $3,008 medium
• Mortgage (P&I): −$1,799
• Tax from tax record: −$121 /mo · $1,455/yr
• Insurance: −$143
• HOA: −$0
• Vacancy / Maint / Mgmt: −$632
• Net cashflow: $314

Break-even live

Break-even rent $2,611

Max offer price $343,000

Occupancy floor 85%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $85,750
• Closing costs: $10,290
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1785 Hanson St Opelika, AL	4.0	3.5	2561	$3,500	$1.37	13d	1	1.32mi
1771 Hanson St Opelika, AL	4.0	3.5	2637	$3,500	$1.33	44d	1	1.33mi
1743 Hanson St Opelika, AL	3.0	2.5	2235	$3,050	$1.36	44d	1	1.35mi
1729 Hanson St Opelika, AL	3.0	2.5	2012	$2,750	$1.37	44d	1	1.36mi

Listing history 10 events

1. 2026-06-19
   days on market $343,000 Active 7 DOM
2. 2026-06-18
   days on market $343,000 Active 6 DOM
3. 2026-06-17
   price $343,000 Active 5 DOM
4. 2026-06-17
   days on market $350,000 Active 5 DOM
5. 2026-06-16
   days on market $350,000 Active 4 DOM
6. 2026-06-15
   days on market $350,000 Active 3 DOM
7. 2026-06-14
   statusdays on market $350,000 Active 1 DOM
8. 2026-06-13
   days on market $350,000 Coming Soon 3 DOM
9. 2026-06-10
   remarks 693-char remark
10. 2026-06-10
    listed $350,000 Coming Soon 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast AL · Resets to sale price

• Current annual tax: $1,455 · $121/mo
• Projected year-2 tax: $1,455 · $121/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥104°F today · 20 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 59% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $36,098
• − Mortgage interest: −$19,213
• − Property taxes: −$1,455
• − Insurance: −$1,715
• − Repairs & maintenance: −$2,888
• − Management: −$2,888
• − Depreciation: −$9,978
• Taxable loss: −$2,039
• Est. tax savings @ 24.0%: +$489
• After-tax cash flow: $4,252/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Opelika City
• NCES district ID: 0102580
• Math proficiency: 27% ▼ -25.00%
• Reading proficiency: 43% ▼ -1.00%
• Median HH income: $40,081
• Composite: 29.34/100
• National rank: #6541
• State rank: #45 of 129 in AL

Livability — Opelika

• Score: 63/100
• State rank: #188
• US rank: #15556

Category grades

Amenities F Commute F Cost of living A+ Crime F Employment C- Housing A+ Health & safety F User ratings B-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Opelika, AL
• County: Lee County · 144,175 people
• City population: 45,973
• Metro: Auburn-Opelika, AL
• Population (ZIP): 25,438
• Household income: $62,414
• Rent vs Own: 35.8% rent · 64.2% own
• Severe rent burden: 1025.0

Population outlook (Lee County) Hauer SSP2

• Today (2025): 196,440 people
• By 2030: 217,417 · +10.7%
• By 2040: 259,467 · +32.1%
• By 2050: 301,557 · +53.5%
• By 2075: 402,186 · +104.7%
• By 2100: 474,503 · +141.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: White 53% Black 37% Hispanic / Latino 8% Two or more races 3% Asian 1%
• Hispanic origin (detail): Mexican 2% Cuban 1%
• Common ancestry: Slovak 3% Italian 2% Serbian 2%
• Foreign-born: 4% · Canada, Vietnam
• Languages at home: 94% English-only · Spanish 4% Chinese 1%

Political lean MEDSL · Lee

• 2024 margin: Strong R (+27.8) · D 35.5% · R 63.3% · Other 1.2%
• 2008→2024 swing: -8.1pp toward R · 2008: -19.8pp · 2024: -27.8pp
• All cycles: 2024: R+27.8 2020: R+20.1 2016: R+23.1 2012: R+19.9 2008: R+19.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -116.80%
• Current HPI: 261.6632
• Rent YoY: ▲ 6.25%
• Metro: Auburn-Opelika, AL
• State GDP YoY: ▲ 2.94%
• F500 in state: 4

Industry mix (Fortune 500 HQ in AL)

Industry	F500 HQs	Revenue
▸Financial Services	1	$8B
▸Healthcare	1	$5B

Price history

+62.9% since first listed

3 events — show timeline

• 2026-06-09 Coming Soon $350,000 LCMLS
• 2017-09-08 Sold (MLS) $214,900 LCMLS
• 2017-05-09 Listed $214,900 LCMLS

Property tax history

+14.6%/yr

Latest (2025): $1,455 · +0.0% YoY. Source: county tax records.