176 2nd StAuburnME04210
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 176 2nd St, Auburn, ME, 04210 in Auburn speaks for itself: 10.53% gross on a $339,500 price, generating $2,980/mo in rent and $769/mo in net income after the $1,527/mo debt service. DSCR 1.95, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $9,229 stacks alongside $93,798 in projected five-year appreciation and $3,127/yr in principal reduction. Projected total cumulative return: $178,743.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 6.8% |
| Monthly Cash Flow | $769 | $850 |
City averages based on Auburn market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,980 |
| Total Monthly Debt Service | $2,075 |
| DSCR Ratio | 1.44x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices