217 Ivy LnAuburnAL36830
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
Investment property for sale in Auburn at 217 Ivy Ln, Auburn, AL, 36830 earns $201/mo cash flow from $1,920/mo rent with a $1,456/mo payment. Total monthly income totals $1,920/mo, and annual cash flow totals $2,412/yr on $98,621 capital. ROI tracks 22.35% on current figures, and rental yield reads 7.74% at a $297,500 purchase. Equity gained on principal adds $1,920/yr, and 5% annual appreciation supports $82,194 over five years. Five-year ROI reaches 115.41% and total cumulative return in cash sums $113,815. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,920/mo property income instead of your personal income.
Townhouse
Built in 1986
6,098 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: RYAN EDWARDS ANNIE WILLIAMS TEAM • BERKSHIRE HATHAWAY HOMESERVICES
Mls Name: LCMLS
Mls ID: #175467
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.