31 Burnham RoadBurlingtonME04417
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 31 Burnham Road, Burlington, ME, 04417 in Burlington hard to pass up. The 10.47% gross yield on a $215,000 purchase results in $1,876/mo in rent and $519/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.94). Annual cash flow of $6,224, five-year appreciation of $59,401, and $1,980/yr in equity build-up combine for a projected total cumulative return of $115,072.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 6.5% |
| Monthly Cash Flow | $519 | $750 |
City averages based on Burlington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,876 |
| Total Monthly Debt Service | $1,271 |
| DSCR Ratio | 1.48x |
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 1980
5.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04417, Burlington, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 423 (100%) |
| Owner Occupied HU | 144 (34.0%) |
| Renter Occupied HU | 16 ( 3.8%) |
| Vacant Housing Units | 263 (62.2%) |
| Median Home Value | $222,727 |
| Average Home Value | $274,983 |
Housing Distribution
Address Breakdown
Residential
106
Single Family
106
Multi-Family
0
Businesses
11
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 1980
5.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04417, Burlington, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 423 (100%) |
| Owner Occupied HU | 144 (34.0%) |
| Renter Occupied HU | 16 ( 3.8%) |
| Vacant Housing Units | 263 (62.2%) |
| Median Home Value | $222,727 |
| Average Home Value | $274,983 |
Housing Distribution
Address Breakdown
Residential
106
Single Family
106
Multi-Family
0
Businesses
11
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Twin Rivers Realty
Mls Name: Maine Listings
Mls ID: #1619376