218 Georges Pond Rd 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 218 Georges Pond Rd Road, Franklin, ME, 04634 priced at $519,000 converts $1,553/mo rent into after a $2,540/mo obligation. Total monthly income equals $1,553/mo. Return on cash invested prints 7.96% in year one, and rental yield reads 3.59% against a $519,000 entry. Equity gained on principal adds $3,349/yr, while 5% annual appreciation compiles into $143,390 by year five. Five-year ROI reaches 38.88% and total cumulative return in cash sums $66,381. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,553/mo property income covering a $2,540/mo payment, not borrower’s personal income.
Single Family
Built in 1960
0.30 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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