2161 Columbia CtAuburnAL36830
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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
Rental property for sale in Auburn at 2161 Columbia Ct, Auburn, AL, 36830 offers $4,583/mo rent that, after a $3,744/mo payment, leaves $265/mo cash flow. Total monthly income is $4,583/mo, and annual cash flow is $3,184/yr on $251,652 cash. Return on cash invested measures 21.33% in year one, and rental yield stands at 7.19% at a $764,900 entry. Equity gained on principal adds $4,936/yr while 5% annual appreciation compounds into $211,328 by year five. Five-year ROI records 109.69% and total cumulative return in cash reaches $276,028. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,583/mo property income versus a $3,744/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
0.45 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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Listed by: BETH HAYBORN-WORTHY • BERKSHIRE HATHAWAY HOMESERVICES
Mls Name: LCMLS
Mls ID: #173893
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.