17 Main StreetFranklinME04634
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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
Investment property for sale in Franklin at 17 Main Street, Franklin, ME, 04634 offers a 4.49% rental yield on a $415,000 purchase with $1,553/mo rent. 61% in year one. Equity gained on principal adds $2,678/yr while 5% annual appreciation supports $114,657 over five years. Portfolio math shows five-year ROI at 53.17% and total cumulative return in cash at $73,149. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,553/mo property income against a $2,031/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1841
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04634, Franklin, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,563 (100%) |
| Owner Occupied HU | 726 (46.4%) |
| Renter Occupied HU | 176 (11.3%) |
| Vacant Housing Units | 661 (42.3%) |
| Median Home Value | $285,149 |
| Average Home Value | $325,186 |
Housing Distribution
Address Breakdown
Residential
854
Single Family
835
Multi-Family
19
Businesses
30
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