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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% |
Rental property for sale in Auburn at 718 Queens Way, Auburn, AL, 36830 generates $2,277/mo in rent, after a $2,589/mo payment. Total monthly income is $2,277/mo. Return on cash invested sits at 14.14% in year one, and rental yield is 5.17% on a $529,000 entry. Equity gained on principal adds $3,414/yr, while 5% annual appreciation builds toward $146,153 over five years. Five-year ROI reaches 71.54% and total cumulative return in cash sums $124,517. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,277/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 36830, Auburn, AL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,793 (100%) |
| Owner Occupied HU | 10,311 (43.3%) |
| Renter Occupied HU | 11,800 (49.6%) |
| Vacant Housing Units | 1,682 ( 7.1%) |
| Median Home Value | $376,939 |
| Average Home Value | $438,525 |
Residential
23,254
Single Family
15,954
Multi-Family
7,300
Businesses
1,313
Date | Event | Price |
|---|---|---|
| 2025-04-19 | Price change | $529,000 |
| 2025-04-03 | Listed for sale | $549,000 |
| 2023-12-27 | Sold | $360,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-23 | $3916.08 | 19.24% | $72,520 | 19.24% |
| 2022-04-23 | $3284.28 | 2.29% | $60,820 | 2.29% |
| 2021-04-23 | $3210.84 | -0.64% | $59,460 | -0.64% |
Listed by: NATALIE BASS • EXP REALTY - SOUTHERN BRANCH
Mls Name: LCMLS
Mls ID: #174583
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.
