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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 802 E Magnolia Ave APT A, Auburn, AL, 36830 generates $1,945/mo in rent and, after a $1,251/mo payment, leaves $502/mo in cash flow. Total monthly income is $1,945/mo, and annual cash flow is $6,028/yr on $84,698 invested. Return on cash invested sits at 27.03% in year one, and rental yield is 9.14% on a $255,500 entry. Equity gained on principal adds $1,649/yr, while 5% annual appreciation builds toward $70,590 over five years. Five-year ROI reaches 140.33% and total cumulative return in cash sums $118,857. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,945/mo property income rather than buyer’s personal income.
Townhouse
Built in 1986
5,227 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 |
|---|---|---|
| 2025-07-10 | Sold | $255,500 |
| 2025-06-27 | Pending sale | $259,900 |
| 2025-03-06 | Price change | $259,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-22 | $947.16 | 21.97% | $17,540 | 21.97% |
| 2022-10-22 | $776.52 | 2.42% | $14,380 | 2.42% |
| 2021-10-22 | $758.16 | 14.15% | $14,040 | 14.15% |
Listed by: RAMIN MAZAHERI • REAL BROKER LLC TERRI KELLEY GROUP
Mls Name: LCMLS
Mls ID: #171628
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.
