Millbrook Plan, The Parkway at Woodward Oaks,Auburn,AL,36930

Investment Highlights

Investment property for sale in Auburn at Millbrook Plan, The Parkway at Woodward Oaks, Auburn, AL, 36930 offers a 7.38% rental yield on a $514,000 purchase with $3,162/mo rent. Total monthly income registers $3,162/mo, and a $2,516/mo payment leaves $261/mo available for distribution. Annual cash flow reaches $3,126/yr on $169,106 to close, and return on cash invested stands at 21.91% in year one. Equity gained on principal adds $3,317/yr while 5% annual appreciation supports $142,009 over five years. Portfolio math shows five-year ROI at 112.82% and total cumulative return in cash at $190,787. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,162/mo property income against a $2,516/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.