176 2nd StAuburnME04210
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Auburn at 176 2nd St, Auburn, ME, 04210 earns $769/mo cash flow from $2,980/mo rent with a $1,662/mo payment. Total monthly income totals $2,980/mo, and annual cash flow totals $9,230/yr on $112,544 capital. ROI tracks 28.11% on current figures, and rental yield reads 10.53% at a $339,500 purchase. Equity gained on principal adds $2,191/yr, and 5% annual appreciation supports $93,798 over five years. Five-year ROI reaches 147.27% and total cumulative return in cash sums $165,749. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,980/mo property income instead of your personal income.
Single Family
Built in 1934
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04210, Auburn, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,291 (100%) |
| Owner Occupied HU | 6,134 (54.3%) |
| Renter Occupied HU | 4,164 (36.9%) |
| Vacant Housing Units | 993 ( 8.8%) |
| Median Home Value | $327,935 |
| Average Home Value | $356,014 |
Housing Distribution
Address Breakdown
Residential
10,631
Single Family
9,471
Multi-Family
1,160
Businesses
876
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