








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 166 E University Dr APT K206, Auburn, AL, 36832 uses $61,328 cash to close to unlock $3,051/yr annual cash flow and $254/mo monthly cash flow. Total monthly income runs $1,483/mo, and a $905/mo payment keeps the spread at $254/mo. Purchase price stands at $185,000, and rental yield measures 9.62% with $1,483/mo rent. Return on cash invested shows 24.88% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 130.18% and total cumulative return in cash records $79,839. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,483/mo property income covering a $905/mo payment rather than investor’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
$185 monthly 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 |
|---|---|---|
| 2025-05-02 | Listed for sale | $185,000 |
| 2018-07-20 | Sold | $105,000 |
| 2014-07-08 | Sold | $65,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: BREANA HENNING • KELLER WILLIAMS REALTY AUBURN OPELIKA
Mls Name: LCMLS
Mls ID: #174561
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.