31 Burnham RoadBurlingtonME04417
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
Rental property for sale in Burlington at 31 Burnham Road, Burlington, ME, 04417 offers $1,876/mo rent that, after a $1,052/mo payment, leaves $519/mo cash flow. Total monthly income is $1,876/mo, and annual cash flow is $6,233/yr on $71,273 cash. Return on cash invested measures 28.65% in year one, and rental yield stands at 10.47% at a $215,000 entry. Equity gained on principal adds $1,387/yr while 5% annual appreciation compounds into $59,401 by year five. Five-year ROI records 149.95% and total cumulative return in cash reaches $106,873. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,876/mo property income versus a $1,052/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
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
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Listed by: N/A • Twin Rivers Realty
Mls Name: Maine Listings
Mls ID: #1619376