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 447 W Longleaf Dr APT 607, Auburn, AL, 36832 generates $1,408/mo in rent, after a $1,138/mo payment. Total monthly income is $1,408/mo. Return on cash invested sits at 17.88% in year one, and rental yield is 7.27% on a $232,500 entry. Equity gained on principal adds $1,500/yr, while 5% annual appreciation builds toward $64,235 over five years. Five-year ROI reaches 92.53% and total cumulative return in cash sums $71,316. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,408/mo property income rather than buyer’s personal income.
Condo
Built in 2002
4,356 sqft lot
$N/A/sqft
$226 monthly HOA
Neighborhood data shown for ZIP Code: 36832, Auburn, AL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,078 (100%) |
| Owner Occupied HU | 5,793 (36.0%) |
| Renter Occupied HU | 8,478 (52.7%) |
| Vacant Housing Units | 1,807 (11.2%) |
| Median Home Value | $295,260 |
| Average Home Value | $326,059 |
Residential
14,385
Single Family
7,132
Multi-Family
7,253
Businesses
386
Date | Event | Price |
|---|---|---|
| 2025-01-16 | Listed for sale | $232,500 |
| 2025-01-10 | Pending sale | $232,500 |
| 2025-01-07 | Listed for sale | $232,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: COLIN DUNBAR • MAGNOLIA REALTY, LLC
Mls Name: LCMLS
Mls ID: #172932
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.
