190 W Franklin RoadFranklinME04634
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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 Franklin at 190 W Franklin Road, Franklin, ME, 04634 generates $1,405/mo in rent and, after a $881/mo payment, leaves $269/mo in cash flow. Total monthly income is $1,405/mo, and annual cash flow is $3,228/yr on $59,670 invested. Return on cash invested sits at 25.32% in year one, and rental yield is 9.37% on a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 131.99% and total cumulative return in cash sums $78,761. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,405/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
0.70 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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