1231 Ruth WayAuburnAL36830
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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
Investment Highlights
Rental property for sale in Auburn at 1231 Ruth Way, Auburn, AL, 36830 priced at $494,000 pairs $3,623/mo rent with $791/mo cash flow after a $2,418/mo payment. Total monthly income equals $3,623/mo, and annual cash flow comes to $9,495/yr on $163,761 invested. Return on cash invested is 25.71% in year one, and rental yield stands at 8.8% on a $494,000 basis. Equity gained on principal adds $3,188/yr, and 5% annual appreciation accumulates to $136,483 by year five. Five-year ROI measures 133.35% and total cumulative return in cash reaches $218,372. For financing, Ziffy Mortgage’s DSCR program evaluates $3,623/mo property income against a $2,418/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
10,018 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
23,254
Single Family
15,954
Multi-Family
7,300
Businesses
1,313
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Listed by: LORI FULLER • EXP REALTY - SOUTHERN BRANCH
Mls Name: LCMLS
Mls ID: #171055
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.