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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% |
Investment property for sale in Auburn at Limestone Plan, Mimms Trail Phase 12 Nest, Auburn, AL, 36830 uses $96,467 cash to close to unlock $10,653/yr annual cash flow and $888/mo monthly cash flow. Total monthly income runs $2,530/mo, and a $1,424/mo payment keeps the spread at $888/mo. Purchase price stands at $291,000, and rental yield measures 10.43% with $2,530/mo rent. Return on cash invested shows 30.95% in year one, and 5% annual appreciation builds toward $80,398 over five years. Five-year ROI reaches 161.35% and total cumulative return in cash records $155,646. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,530/mo property income covering a $1,424/mo payment rather than investor’s personal income.
Single Family
Built in 2024
N/A 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 |
|---|---|---|
| 2024-11-01 | Price change | $291,000 |
| 2024-07-12 | Price change | $289,000 |
| 2024-03-04 | Listed for sale | $288,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Christina Durden Wright • Harris Doyle Homes
Mls Name: Harris Doyle Homes, Inc.
Mls Provider:
Mls ID: #N/A
