150 Prathers Lake DrAuburnAL36830
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 150 Prathers Lake Dr, Auburn, AL, 36830 priced at $625,000 pairs $2,400/mo rent with after a $3,059/mo payment. Total monthly income equals $2,400/mo. Return on cash invested is 13.48% in year one, and rental yield stands at 4.61% on a $625,000 basis. Equity gained on principal adds $4,033/yr, and 5% annual appreciation accumulates to $172,676 by year five. Five-year ROI measures 67.62% and total cumulative return in cash reaches $139,045. For financing, Ziffy Mortgage’s DSCR program evaluates $2,400/mo property income against a $3,059/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1998
0.39 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices