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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 2132 E Lake Blvd, Auburn, AL, 36830 offers $4,583/mo rent that, after a $5,873/mo payment. Total monthly income is $4,583/mo. Return on cash invested measures 13.54% in year one, and rental yield stands at 4.58% at a $1,200,000 entry. Equity gained on principal adds $7,743/yr while 5% annual appreciation compounds into $331,538 by year five. Five-year ROI records 67.87% and total cumulative return in cash reaches $263,891. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,583/mo property income versus a $5,873/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2010
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 36830, Auburn, AL area.
| 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 |
Residential
23,254
Single Family
15,954
Multi-Family
7,300
Businesses
1,313
Date | Event | Price |
|---|---|---|
| 2012-01-10 | Sold | $570,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-05-16 | $5077.00 | 9.30% | $95,000 | 9.20% |
| 2022-05-16 | $4645.00 | 1.18% | $87,000 | 1.16% |
| 2021-05-16 | $4591.00 | 10.56% | $86,000 | 10.43% |
Listed by: EMILY HOLT • EXP REALTY - ACUFF WEEKLEY GROUP
Mls Name: LCMLS
Mls ID: #174339
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.
