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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 447 W Longleaf Dr, Auburn, AL, 36832 with 5% annual appreciation on a $250,000 basis while $1,421/mo rent supports operations. Total monthly income totals $1,421/mo and a $1,224/mo payment preserves $10/mo for cash returns. Annual cash flow comes to $114/yr on $82,875 deployed, and return on cash invested reaches 20.05% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,070 alongside rental yield of 6.82%. Five-year ROI measures 102.89% and total cumulative return in cash totals $85,270.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,421/mo property income versus a $1,224/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2002
N/A lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-04-24 | Listed for sale | $250,000 |
| 2025-02-22 | Listing removed | $1,200 |
| 2025-02-04 | Listed for rent | $1,200 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-24 | N/A | N/A | N/A | N/A |
| 2022-04-24 | N/A | N/A | N/A | N/A |
| 2021-04-24 | N/A | N/A | N/A | N/A |
Listed by: Terra Jorgensen • Keller Williams Montgomery
Mls Name: LMMLS
Mls Provider:
Mls ID: #25-1624
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.
