








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Auburn at 491 Lake Shore Drive, Auburn, ME, 04210 at $450,000 posts ROI 10.57% with from $1,680/mo rent. Total monthly income equals $1,680/mo. Return on cash invested measures 10.57% and rental yield reads 4.48% at the current $450,000. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 by year five. Five-year ROI prints 52.96% and total cumulative return in cash totals $79,002. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,680/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1913
8.52 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 04210, Auburn, ME area.
| 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 |
Residential
10,631
Single Family
9,471
Multi-Family
1,160
Businesses
876
Date | Event | Price |
|---|---|---|
| 2014-11-24 | Sold | $158,500 |
| 2014-09-25 | Price change | $190,000 |
| 2014-06-11 | Price change | $215,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-05-20 | $5212.00 | N/A | $229,100 | N/A |
| 2022-05-20 | $5212.00 | 15.41% | $229,100 | 20.83% |
| 2021-05-20 | $4516.00 | 0.29% | $189,600 | N/A |



Listed by: N/A • Better Homes & Gardens Real Estate/The Masiello Group
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1622246
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782