








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 1114 S College St UNIT 302, Auburn, AL, 36832 listed at $380,000 pairs $2,524/mo rent with a $1,860/mo payment to leave $189/mo cash flow. Total monthly income runs $2,524/mo, and annual cash flow reaches $2,268/yr on $125,970 cash to close. Return on cash invested measures 21.71% in year one, and rental yield registers 7.97% at a $380,000 basis. Equity gained on principal adds $2,452/yr, and annual property appreciation at 5% supports $104,987 by year five. Five-year ROI tracks 112.42% and total cumulative return in cash totals $141,613. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,524/mo property income relative to a $1,860/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2003
N/A lot
$N/A/sqft
$190 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 |
|---|---|---|
| 2025-08-29 | Sold | $380,000 |
| 2025-08-11 | Pending sale | $385,000 |
| 2025-07-04 | Price change | $385,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: TONI WILLIAMS • EXIT REALTY ANCHOR SOUTH
Mls Name: LCMLS
Mls ID: #174528
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.