2692 Cantera 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
Investment property for sale in Auburn at 2692 Cantera Ct, Auburn, AL, 36830 uses $127,395 cash to close to unlock $2,769/yr annual cash flow and $231/mo monthly cash flow. Total monthly income runs $2,400/mo, and a $1,881/mo payment keeps the spread at $231/mo. Purchase price stands at $384,299, and rental yield measures 7.49% with $2,400/mo rent. Return on cash invested shows 22.08% in year one, and 5% annual appreciation builds toward $106,175 over five years. Five-year ROI reaches 113.78% and total cumulative return in cash records $144,954. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,400/mo property income covering a $1,881/mo payment rather than investor’s personal income.
Single Family
Built in 2025
8,276 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
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Listed by: ALEXA COLE WIGGINS • PORCH LIGHT REAL ESTATE LLC
Mls Name: LCMLS
Mls ID: #174181
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.