529 Riverside DriveAuburnME04210
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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 529 Riverside Drive, Auburn, ME, 04210 generates $1,194/mo in rent and, after a $734/mo payment, leaves $248/mo in cash flow. Total monthly income is $1,194/mo, and annual cash flow is $2,970/yr on $49,725 invested. Return on cash invested sits at 25.88% in year one, and rental yield is 9.55% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 135.08% and total cumulative return in cash sums $67,170. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,194/mo property income rather than buyer’s personal income.
Single Family
Built in 1925
2.37 Acres 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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