2297 Watercrest DrAuburnAL36830
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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 2297 Watercrest Dr, Auburn, AL, 36830 uses $236,551 cash to close to unlock $6,297/yr annual cash flow and $525/mo monthly cash flow. Total monthly income runs $4,583/mo, and a $3,519/mo payment keeps the spread at $525/mo. Purchase price stands at $719,000, and rental yield measures 7.65% with $4,583/mo rent. Return on cash invested shows 22.72% in year one, and 5% annual appreciation builds toward $198,646 over five years. Five-year ROI reaches 117.17% and total cumulative return in cash records $277,157. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,583/mo property income covering a $3,519/mo payment rather than investor’s personal income.
Single Family
Built in 2018
0.40 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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