








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Auburn at 1041 Stonegate Dr APT C, Auburn, AL, 36832 uses $74,588 cash to close to unlock $5,019/yr annual cash flow and $418/mo monthly cash flow. Total monthly income runs $1,979/mo, and a $1,101/mo payment keeps the spread at $418/mo. Purchase price stands at $225,000, and rental yield measures 10.55% with $1,979/mo rent. Return on cash invested shows 26.64% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 139.95% and total cumulative return in cash records $104,385. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,979/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Condo
Built in 1989
N/A lot
$N/A/sqft
$291 monthly HOA
Neighborhood data shown for ZIP Code: 36832, Auburn, AL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,078 (100%) |
| Owner Occupied HU | 5,793 (36.0%) |
| Renter Occupied HU | 8,478 (52.7%) |
| Vacant Housing Units | 1,807 (11.2%) |
| Median Home Value | $295,260 |
| Average Home Value | $326,059 |
Residential
14,385
Single Family
7,132
Multi-Family
7,253
Businesses
386
Date | Event | Price |
|---|---|---|
| 2025-08-28 | Sold | $225,000 |
| 2025-07-28 | Pending sale | $240,000 |
| 2025-06-10 | Listed for sale | $240,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: JARED JORDAN • BERKSHIRE HATHAWAY HOMESERVICES
Mls Name: LCMLS
Mls ID: #175311
Disclaimer: The data relating to real estate for sale on this web-site comes in part from the Internet Data Exchange Program of Lee County Association of REALTORS. Information is deemed reliable but is not guaranteed.