576 Piper Ave, Auburn, AL, 36832 | 5.37% Rental Yield

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576 Piper Ave, Auburn, AL, 36832 | 5.37% Rental Yield | Ziffy

For Sale

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Auburn at 576 Piper Ave, Auburn, AL, 36832 offers a 5.37% rental yield on a $445,000 purchase with $1,991/mo rent. 67% in year one. Equity gained on principal adds $2,872/yr while 5% annual appreciation supports $122,945 over five years. Portfolio math shows five-year ROI at 79.43% and total cumulative return in cash at $117,176. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,991/mo property income against a $2,178/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2022

9,085 sqft lot

$N/A/sqft

No HOA

More details about the property

RARE opportunity in Piper Glen, one of Auburns newest and most desirable neighborhoods! This 3-bedroom, 2-bath home offers modern comfort and charm just 5 minutes from downtown and campusperfect for families, students, or investors. The home features an open and inviting floor plan with LVP flooring, premium Blanco Espana granite countertops, and a bright, spacious common area thats ideal for hosting dinners or gatherings. Each bedroom is spaciously designed for comfort, while the kitchen and living spaces flow seamlessly together for easy living. Outside you can enjoy a large backyard with plenty of room to relax, entertain, or play. A covered porch and one-car garage add convenience and functionality to this move-in ready home. Located in a short-term rental zone, this property offers incredible flexibilitylive here or take advantage of Auburns thriving short-term rental market. If youve been looking for a home that blends location, style, and opportunitythis is it!

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