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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 Morgan Plan, Mimms Trail Phase 12 Nest, Auburn, AL, 36830 listed at $284,000 pairs $2,406/mo rent with a $1,390/mo payment to leave $803/mo cash flow. Total monthly income runs $2,406/mo, and annual cash flow reaches $9,636/yr on $94,146 cash to close. Return on cash invested measures 30.14% in year one, and rental yield registers 10.17% at a $284,000 basis. Equity gained on principal adds $1,833/yr, and annual property appreciation at 5% supports $78,464 by year five. Five-year ROI tracks 157% and total cumulative return in cash totals $147,809. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,406/mo property income relative to a $1,390/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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 | $284,000 |
| 2024-07-12 | Price change | $282,000 |
| 2024-03-04 | Listed for sale | $281,000 |
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
