180 Mill St APT 9AuburnME04210
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
Investment Highlights
Investment property for sale in Auburn at 180 Mill St APT 9, Auburn, ME, 04210 uses $58,009 cash to close to unlock $2,953/yr annual cash flow and $246/mo monthly cash flow. Total monthly income runs $1,350/mo, and a $856/mo payment keeps the spread at $246/mo. Purchase price stands at $174,990, and rental yield measures 9.26% with $1,350/mo rent. Return on cash invested shows 25% in year one, and 5% annual appreciation builds toward $48,347 over five years. Five-year ROI reaches 130.37% and total cumulative return in cash records $75,628. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,350/mo property income covering a $856/mo payment rather than investor’s personal income.
Townhouse
Built in 1987
N/A 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