180 Mill St APT 4AuburnME04210
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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
Rental property for sale in Auburn at 180 Mill St APT 4, Auburn, ME, 04210 generates $1,091/mo in rent and, after a $685/mo payment, leaves $43/mo in cash flow. Total monthly income is $1,091/mo, and annual cash flow is $514/yr on $46,377 invested. Return on cash invested sits at 21.02% in year one, and rental yield is 9.36% on a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 110.52% and total cumulative return in cash sums $51,255. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,091/mo property income rather than buyer’s personal income.
Condo
Built in 1981
N/A lot
$N/A/sqft
$165 monthly 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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