27 Andrea Lane #9AuburnME04210
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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 27 Andrea Lane #9, Auburn, ME, 04210 priced at $212,500 converts $1,980/mo rent into $639/mo cash flow after a $1,040/mo obligation. Total monthly income equals $1,980/mo, and annual cash flow totals $7,668/yr on $70,444 invested. Return on cash invested prints 30.79% in year one, and rental yield reads 11.18% against a $212,500 entry. Equity gained on principal adds $1,371/yr, while 5% annual appreciation compiles into $58,710 by year five. Five-year ROI reaches 161.35% and total cumulative return in cash sums $113,660. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,980/mo property income covering a $1,040/mo payment, not borrower’s personal income.
Condo
Built in 1983
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
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