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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% |
Rental property for sale in Auburn at 2038 Dawson Corner Loop, Auburn, AL, 36832 priced at $508,600 pairs $1,560/mo rent with after a $2,489/mo payment. Total monthly income equals $1,560/mo. Return on cash invested is 8.94% in year one, and rental yield stands at 3.68% on a $508,600 basis. Equity gained on principal adds $3,282/yr, and 5% annual appreciation accumulates to $140,517 by year five. Five-year ROI measures 43.91% and total cumulative return in cash reaches $73,472. For financing, Ziffy Mortgage’s DSCR program evaluates $1,560/mo property income against a $2,489/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2024
6,534 sqft lot
$N/A/sqft
$240 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 |
|---|---|---|
| 2025-08-25 | Sold | $508,600 |
| 2025-05-05 | Pending sale | $508,600 |
| 2025-05-04 | Listed for sale | $465,550 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: DAWSON CORNER TEAM • EAV LLC
Mls Name: LCMLS
Mls ID: #174745
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.
