115 S Debardeleben St APT 108, Auburn, AL, 36830 | 4.45% Rental Yield

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115 S Debardeleben St APT 108, Auburn, AL, 36830 | 4.45% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Auburn at 115 S Debardeleben St APT 108, Auburn, AL, 36830 earns from $2,281/mo rent with a $3,010/mo payment. Total monthly income totals $2,281/mo. ROI tracks 13% on current figures, and rental yield reads 4.45% at a $615,000 purchase. Equity gained on principal adds $3,969/yr, and 5% annual appreciation supports $169,913 over five years. Five-year ROI reaches 65.04% and total cumulative return in cash sums $131,597. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,281/mo property income instead of your personal income.

Condo

Built in 2007

N/A lot

$N/A/sqft

No HOA

More details about the property

Imagine starting your mornings with a quick walk to grab coffee around the corner, strolling into downtown for shopping or dinner, and feeling the buzz of Auburn game days right outside your doorstep. This spot puts you in the middle of all the good stuff while still giving you a quiet place to retreat. The main level begins with a tiled entryway that leads past a powder room and coat closet before opening into a bright, open kitchen, dining, and living area. The kitchen features granite countertops, stainless steel appliances, a pantry, and a large island that doubles as an eat-in barideal for everyday living or hosting friends. Upstairs, both bedrooms offer walk-in closets (the primary has two!) and private en suite baths. The hallway brings a surprising amount of storage, including a stacked washer/dryer closet, an additional clothing closet, a spacious linen closet, and pull-down attic access. The COA keeps life simple by handling landscaping, pressure washing, parking lot maintenance, exterior pest control, and annual termite inspections. Low-maintenance living in the heart of Auburnright where you want to be.

Neighborhood Data

Neighborhood data shown for ZIP Code: 36830, Auburn, AL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	23,793 (100%)
Owner Occupied HU	10,311 (43.3%)
Renter Occupied HU	11,800 (49.6%)
Vacant Housing Units	1,682 ( 7.1%)
Median Home Value	$376,939
Average Home Value	$438,525