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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Auburn at 1618 Pressfield Path, Auburn, AL, 36830 with 5% annual appreciation on a $439,900 basis while $2,669/mo rent supports operations. Total monthly income totals $2,669/mo and a $2,153/mo payment preserves $186/mo for cash returns. Annual cash flow comes to $2,233/yr on $145,827 deployed, and return on cash invested reaches 21.44% in year one. Equity gained on principal adds $2,839/yr, and five-year appreciation sums $121,536 alongside rental yield of 7.28%. Five-year ROI measures 110.36% and total cumulative return in cash totals $160,935.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,669/mo property income versus a $2,153/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 36830, Auburn, AL area.
| 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 |
Residential
23,254
Single Family
15,954
Multi-Family
7,300
Businesses
1,313
Date | Event | Price |
|---|---|---|
| 2024-09-05 | Price change | $439,900 |
| 2024-04-12 | Price change | $434,900 |
| 2024-03-26 | Listed for sale | $424,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
Permanent Stairs
Listed by: Lisa Bancer • Hughston Homes Marketing, Inc
Mls Name: CBORGA
Mls Provider:
Mls ID: #210885
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
