








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 447 W Longleaf Dr APT 805, Auburn, AL, 36832 offers a 6.98% rental yield on a $242,000 purchase with $1,408/mo rent. 1% in year one. Equity gained on principal adds $1,562/yr while 5% annual appreciation supports $66,860 over five years. Portfolio math shows five-year ROI at 83.34% and total cumulative return in cash at $66,858. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,408/mo property income against a $1,184/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2002
N/A lot
$N/A/sqft
$297 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 |
|---|---|---|
| 2025-06-25 | Listed for sale | $242,000 |
| 2019-06-21 | Listing removed | $1,200 |
| 2019-05-03 | Listed for rent | $1,200 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: BROOKE PIERCE • BERKSHIRE HATHAWAY HOMESERVICES
Mls Name: LCMLS
Mls ID: #175566
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.