1587 Cronic Town RdAuburnGA30011
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1587 Cronic Town Rd, Auburn, GA, 30011 in Auburn speaks for itself: 10.94% gross on a $230,000 price, generating $2,098/mo in rent and $698/mo in net income after the $1,034/mo debt service. DSCR 2.03, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $8,373 stacks alongside $63,545 in projected five-year appreciation and $2,118/yr in principal reduction. Projected total cumulative return: $132,046.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 6.0% |
| Monthly Cash Flow | $698 | $300 |
City averages based on Auburn market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,098 |
| Total Monthly Debt Service | $1,308 |
| DSCR Ratio | 1.60x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1989
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30011, Auburn, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,395 (100%) |
| Owner Occupied HU | 6,823 (81.3%) |
| Renter Occupied HU | 1,199 (14.3%) |
| Vacant Housing Units | 373 ( 4.4%) |
| Median Home Value | $360,883 |
| Average Home Value | $395,214 |
Housing Distribution
Address Breakdown
Residential
7,732
Single Family
7,732
Multi-Family
0
Businesses
278
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
Single Family
Built in 1989
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30011, Auburn, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,395 (100%) |
| Owner Occupied HU | 6,823 (81.3%) |
| Renter Occupied HU | 1,199 (14.3%) |
| Vacant Housing Units | 373 ( 4.4%) |
| Median Home Value | $360,883 |
| Average Home Value | $395,214 |
Housing Distribution
Address Breakdown
Residential
7,732
Single Family
7,732
Multi-Family
0
Businesses
278
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices