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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 3297 S College St APT C101, Auburn, AL, 36830 listed at $250,000 pairs $1,600/mo rent with a $1,224/mo payment to leave $189/mo cash flow. Total monthly income runs $1,600/mo, and annual cash flow reaches $2,262/yr on $82,875 cash to close. Return on cash invested measures 22.64% in year one, and rental yield registers 7.68% at a $250,000 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 116.79% and total cumulative return in cash totals $96,790. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,600/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2002
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 |
|---|---|---|
| 2025-05-22 | Listed for sale | $250,000 |
| 2024-10-25 | Sold | $180,000 |
| 2024-10-10 | Pending sale | $184,800 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: RYAN EDWARDS ANNIE WILLIAMS TEAM • BERKSHIRE HATHAWAY HOMESERVICES
Mls Name: LCMLS
Mls ID: #175068
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.
