1414 Katie LnAuburnAL36830
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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 1414 Katie Ln, Auburn, AL, 36830 uses $150,501 cash to close to unlock $3,162/yr annual cash flow and $264/mo monthly cash flow. Total monthly income runs $2,826/mo, and a $2,222/mo payment keeps the spread at $264/mo. Purchase price stands at $454,000, and rental yield measures 7.47% with $2,826/mo rent. Return on cash invested shows 22.01% in year one, and 5% annual appreciation builds toward $125,432 over five years. Five-year ROI reaches 113.4% and total cumulative return in cash records $170,666. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,826/mo property income covering a $2,222/mo payment rather than investor’s personal income.
Single Family
Built in 1977
0.53 Acres 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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