1385 S Donahue Dr APT 2203, Auburn, AL, 36832 | 6.14% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

1385 S Donahue Dr APT 2203, Auburn, AL, 36832 | 6.14% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1012 sft

447 W Longleaf Dr APT 1201, Auburn, AL, 36832

2 Bed
2 Bath
1012 sft

447 W Longleaf Dr APT 1616, Auburn, AL, 36832

2 Bed
2 Bath
1012 sft

447 W Longleaf Dr APT 1412, Auburn, AL, 36832

2 Bed
3 Bath
1152 sft

166 E University Dr APT K206, Auburn, AL, 36832

Nearby investment properties with comparable prices

3 Bed
2 Bath
1353 sft

3 Shropshire Dr, Auburn, AL, 36832

Limestone Plan, Mimms Trail Phase 12 Nest

3 Bed
2 Bath
1353 sft

Limestone Plan, Mimms Trail Phase 12 Nest, Auburn, AL, 36830

3 Bed
3 Bath
1695 sft

4260 Chestnut Ct, Auburn, AL, 36830

3 Bed
3 Bath
1157 sft

1385 S Donahue Dr UNIT 204, Auburn, AL, 36832

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Auburn at 1385 S Donahue Dr APT 2203, Auburn, AL, 36832 offers a 6.14% rental yield on a $290,000 purchase with $1,483/mo rent. 99% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,122 over five years. Portfolio math shows five-year ROI at 91.88% and total cumulative return in cash at $88,324. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,483/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 2005

N/A lot

$N/A/sqft

No HOA

More details about the property

AVAILABLE NOW!! Lovely 2BR/2BA condo in Highly Desirable Southern Edge Condominiums! Unit 2203 is an Upstairs Unit, located close to Campus with a Tiger Transit Stop just steps away! This is an Open Concept Floor Plan with Vaulted Ceilings, Ceiling Fans in all the Rooms, and Each Bedroom has its Own Private Bathroom and Large Closet! The unit includes a Kitchen with all of the Major Appliances, a Breakfast Bar with Room for up to 4 Barstools, Washer/Dryer, a Spacious Living Room with a Beautiful Bay Window, and a Private Balcony to enjoy your Outdoor Space with a Small Storage Closet! The Southern Edge Community offers a swimming pool, BBQ area, basketball court, and a fitness center! This is a Must-See Property!

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