261 S Bay RoadFranklinME04634
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 261 S Bay Road, Franklin, ME, 04634 in Franklin. Priced at $150,000, it generates $1,876/mo in gross rent and $929/mo in net monthly cash flow, a 15% yield that comfortably supports the 2.78 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $11,147. Five-year appreciation: $41,442. Equity from principal paydown: $1,382/yr. Total projected cumulative return: $116,828.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15% | 6.2% |
| Monthly Cash Flow | $929 | $950 |
City averages based on Franklin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,876 |
| Total Monthly Debt Service | $887 |
| DSCR Ratio | 2.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1998
3.50 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Manufactured
Built in 1998
3.50 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices