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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Auburn at 2428 E University Dr APT 1707, Auburn, AL, 36830 earns $501/mo cash flow from $2,104/mo rent with a $1,390/mo payment. Total monthly income totals $2,104/mo, and annual cash flow totals $6,012/yr on $94,146 capital. ROI tracks 26.29% on current figures, and rental yield reads 8.89% at a $284,000 purchase. Equity gained on principal adds $1,833/yr, and 5% annual appreciation supports $78,464 over five years. Five-year ROI reaches 136.36% and total cumulative return in cash sums $128,381. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,104/mo property income instead of your personal income.
Condo
Built in 2000
871.20 sqft 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: RICK NORRED • HAYLEY ENTERPRISES
Mls Name: LCMLS
Mls ID: #177842
