1300 Parker PlAuburnAL36832
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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
Investment property for sale in Auburn at 1300 Parker Pl, Auburn, AL, 36832 at $487,500 posts ROI 16.09% with from $2,397/mo rent. Total monthly income equals $2,397/mo. Return on cash invested measures 16.09% and rental yield reads 5.9% at the current $487,500. Equity gained on principal adds $3,146/yr, and 5% annual appreciation supports $134,687 by year five. Five-year ROI prints 82.09% and total cumulative return in cash totals $132,655. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,397/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2019
3,920 sqft lot
$N/A/sqft
$160 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36832, Auburn, AL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
14,385
Single Family
7,132
Multi-Family
7,253
Businesses
386
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Listed by: CLIFF GLANSEN • FLATFEE.COM
Mls Name: LCMLS
Mls ID: #175659
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.