2060 E Lake BlvdAuburnAL36830
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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 2060 E Lake Blvd, Auburn, AL, 36830 listed at $1,350,000 pairs $4,583/mo rent with a $6,608/mo payment. Total monthly income runs $4,583/mo. Return on cash invested measures 12.04% in year one, and rental yield registers 4.07% at a $1,350,000 basis. Equity gained on principal adds $8,711/yr, and annual property appreciation at 5% supports $372,980 by year five. Five-year ROI tracks 59.8% and total cumulative return in cash totals $261,545. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,583/mo property income relative to a $6,608/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2012
0.51 Acres 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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