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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 1630 Academy Dr APT 402, Auburn, AL, 36830 offers a 8.52% rental yield on a $320,000 purchase with $2,272/mo rent. Total monthly income registers $2,272/mo, and a $1,566/mo payment leaves $306/mo available for distribution. Annual cash flow reaches $3,672/yr on $106,080 to close, and return on cash invested stands at 23.37% in year one. Equity gained on principal adds $2,065/yr while 5% annual appreciation supports $88,410 over five years. Portfolio math shows five-year ROI at 121.34% and total cumulative return in cash at $128,715. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,272/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2006
N/A lot
$N/A/sqft
$160 monthly 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 |
|---|---|---|
| 2025-10-15 | Sold | $320,000 |
| 2025-09-12 | Pending sale | $355,000 |
| 2025-09-04 | Listed for sale | $355,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: LEAH GOTTHELF • COLDWELL BANKER ALLIANCE
Mls Name: LCMLS
Mls ID: #175319
Disclaimer: The data relating to real estate for sale on this web-site comes in part from the Internet Data Exchange Program of Lee County Association of REALTORS. Information is deemed reliable but is not guaranteed.
