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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Auburn, AL
Rental Income
Listed for sale 4 days ago
$ 298,900
ROI
21.9
Cash Flow/m
178- 3 Bed
- 3 Bath
- 1726 sft
2428 E University Dr APT 801, Auburn, AL, 36830
Currently Rented
Rental Income
Listed for sale 4 days ago
$ 245,000
ROI
26.5Cash Flow/m
459- 3 Bed
- 2 Bath
- 1268 sft
3297 S College St Unit A104, Auburn, AL, 36830
Listed for sale 4 days ago
$ 219,000
ROI
20.5Cash Flow/m
47- 2 Bed
- 3 Bath
- 1152 sft
1761 Wire Rd APT 2-13, Auburn, AL, 36832
Listed for sale 5 days ago
$ 219,000
ROI
26.4Cash Flow/m
407- 2 Bed
- 3 Bath
- 1152 sft
1761 Wire Rd APT 14, Auburn, AL, 36832
Why Invest in Auburn, Alabama?
Auburn, AL condo investments offer steady rental demand driven by Auburn University students and faculty. Low vacancy supports reliable cash flow with cap rates around 6-7%. Annual appreciation of 3-4% reflects resilient local growth. Investor-friendly market features rising inventory for better entry points. Renter-occupied units exceed 40%, ensuring consistent yields.
8.5%
Avg. ROI
6.2%
Rental Yield
6.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Yes, proximity to Auburn University drives demand from 32,000 students. Average rents hit $1,450 with low turnover. Investors see 6% yields from consistent occupancy.
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