Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 371 E Thach Ave APT 4, Auburn, AL, 36830 offers $1,600/mo rent that, after a $2,594/mo payment. Total monthly income is $1,600/mo. Return on cash invested measures 9.52% in year one, and rental yield stands at 3.62% at a $530,000 entry. Equity gained on principal adds $3,420/yr while 5% annual appreciation compounds into $146,429 by year five. Five-year ROI records 46.74% and total cumulative return in cash reaches $81,499. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,600/mo property income versus a $2,594/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1983
1,742 sqft lot
$N/A/sqft
$140 monthly 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 |
|---|---|---|
| 2025-05-18 | Listed for sale | $530,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: BETSY ECHOLS • REALTY CENTRAL
Mls Name: LCMLS
Mls ID: #174990
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.
