




A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Total monthly income runs $1,196/mo, and a $1,605/mo payment. Purchase price stands at $328,000, and rental yield measures 4.38% with $1,196/mo rent. Return on cash invested shows 12.68% in year one, and 5% annual appreciation builds toward $90,620 over five years. Five-year ROI reaches 63.34% and total cumulative return in cash records $68,875. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,196/mo property income covering a $1,605/mo payment rather than investor’s personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 36832, Auburn, AL area.
| 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 |
Residential
14,385
Single Family
7,132
Multi-Family
7,253
Businesses
386
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: MICHELLE SMITH • AUBURN REALTY
Mls Name: LCMLS
Mls ID: #176805