522 N Donahue Dr APT 8AuburnAL36832
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Auburn at 522 N Donahue Dr APT 8, Auburn, AL, 36832 offers $1,483/mo rent that, after a $1,219/mo payment. Total monthly income is $1,483/mo. Return on cash invested measures 17.4% in year one, and rental yield stands at 7.15% at a $249,000 entry. Equity gained on principal adds $1,607/yr while 5% annual appreciation compounds into $68,794 by year five. Five-year ROI records 90.03% and total cumulative return in cash reaches $74,312. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,483/mo property income versus a $1,219/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1983
N/A lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36832, Auburn, AL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
14,385
Single Family
7,132
Multi-Family
7,253
Businesses
386
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Listed by: RYAN ROBERTS • BERKSHIRE HATHAWAY HOMESERVICES
Mls Name: LCMLS
Mls ID: #173991
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.