626 Shug Jordan Pkwy APT 232AuburnAL36832
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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 626 Shug Jordan Pkwy APT 232, Auburn, AL, 36832 generates $1,537/mo in rent and, after a $1,052/mo payment, leaves $324/mo in cash flow. Total monthly income is $1,537/mo, and annual cash flow is $3,885/yr on $71,273 invested. Return on cash invested sits at 25.36% in year one, and rental yield is 8.58% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 131.36% and total cumulative return in cash sums $93,625. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,537/mo property income rather than buyer’s personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
No 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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