




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 233 W Glenn Ave APT 3, Auburn, AL, 36830 generates $2,627/mo in rent, after a $2,937/mo payment. Total monthly income is $2,627/mo. Return on cash invested sits at 15.44% in year one, and rental yield is 5.25% on a $600,000 entry. Equity gained on principal adds $3,872/yr, while 5% annual appreciation builds toward $165,769 over five years. Five-year ROI reaches 78.12% and total cumulative return in cash sums $154,212. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,627/mo property income rather than buyer’s personal income.
Condo
Built in 1998
N/A 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: MICHELLE SMITH • AUBURN REALTY
Mls Name: LCMLS
Mls ID: #176781