1804 Solamere Ct, Auburn, AL, 36832 | 6.32% Rental Yield

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1804 Solamere Ct, Auburn, AL, 36832 | 6.32% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Auburn at 1804 Solamere Ct, Auburn, AL, 36832 offers a 6.32% rental yield on a $444,000 purchase with $2,340/mo rent. 56% in year one. Equity gained on principal adds $2,865/yr while 5% annual appreciation supports $122,669 over five years. Portfolio math shows five-year ROI at 94.86% and total cumulative return in cash at $139,614. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,340/mo property income against a $2,173/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2023

9,583 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully maintained Camden A floorplan in a Hughston community, offering 2,599 square feet of stylish living space. Owned and enjoyed for the past 1.5 years, this home is move-in ready with thoughtful design throughout. A soaring two-story entry greets you, leading into a formal dining room filled with elegant detail. The open great room features a cozy gas fireplace and flows into a well-equipped kitchen with abundant cabinetry, granite countertops, a tiled backsplash, and stainless steel appliances including a gas cooktop, vent hood, built-in oven, microwave, and dishwasher. A large kitchen island for the island overlooks the bright breakfast area, with an optional butlers pantry and walk-in pantry for extra storage. The convenient owners entry includes a signature drop zone for everyday organization. Upstairs, the spacious owners suite offers a luxurious bath with a garden tub, tiled shower, and large walk-in closet, while additional bedrooms enjoy plenty of natural light. Hardwood flooring runs throughout the main living areas, and the home includes many of Hughston Homes signature features. A two-car garage and the gameday patio with its own fireplace make outdoor evenings special. Home automation through WireWorks is included. Schedule your tour today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 36832, Auburn, AL area.

Housing Distribution

Housing Statistics

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