1841 Waterfall RdAuburnAL36830
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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
Investment Highlights
Investment property for sale in Auburn at 1841 Waterfall Rd, Auburn, AL, 36830 offers a 8.6% rental yield on a $370,599 purchase with $2,656/mo rent. Total monthly income registers $2,656/mo, and a $1,814/mo payment leaves $564/mo available for distribution. Annual cash flow reaches $6,769/yr on $122,854 to close, and return on cash invested stands at 25.42% in year one. Equity gained on principal adds $2,391/yr while 5% annual appreciation supports $102,390 over five years. Portfolio math shows five-year ROI at 131.71% and total cumulative return in cash at $161,809. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,656/mo property income against a $1,814/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36830, Auburn, AL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
23,254
Single Family
15,954
Multi-Family
7,300
Businesses
1,313
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Listed by: TAYLOR LONG • PORCH LIGHT REAL ESTATE LLC
Mls Name: LCMLS
Mls ID: #170343
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.