2141 Stonehaven DrAuburnAL36879
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Auburn at 2141 Stonehaven Dr, Auburn, AL, 36879 offers $4,040/mo rent that, after a $3,438/mo payment, leaves $75/mo cash flow. Total monthly income is $4,040/mo, and annual cash flow is $902/yr on $231,090 cash. Return on cash invested measures 20.45% in year one, and rental yield stands at 6.9% at a $702,400 entry. Equity gained on principal adds $4,532/yr while 5% annual appreciation compounds into $194,060 by year five. Five-year ROI records 105% and total cumulative return in cash reaches $242,653. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,040/mo property income versus a $3,438/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2011
1.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36879, Waverly, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,487 (100%) |
| Owner Occupied HU | 1,154 (77.6%) |
| Renter Occupied HU | 181 (12.2%) |
| Vacant Housing Units | 152 (10.2%) |
| Median Home Value | $334,633 |
| Average Home Value | $380,295 |
Housing Distribution
Address Breakdown
Residential
1,299
Single Family
1,299
Multi-Family
0
Businesses
33
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Listed by: JESSICA PRICE • THE TALONS GROUP
Mls Name: LCMLS
Mls ID: #176869
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.