318 Old Belfast RoadFrankfortME04438
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 318 Old Belfast Road, Frankfort, ME, 04438 in Frankfort is priced for capital growth, not immediate cash flow. The $319,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $88,134 by year five, with $2,938/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.0% |
| Monthly Cash Flow | $0 | $250 |
City averages based on Frankfort market data in our database. Property projections are estimates.
Manufactured
Built in 2024
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04438, Frankfort, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 607 (100%) |
| Owner Occupied HU | 471 (77.6%) |
| Renter Occupied HU | 69 (11.4%) |
| Vacant Housing Units | 67 (11.0%) |
| Median Home Value | $263,346 |
| Average Home Value | $278,376 |
Housing Distribution
Address Breakdown
Residential
496
Single Family
496
Multi-Family
0
Businesses
19
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 2024
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04438, Frankfort, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 607 (100%) |
| Owner Occupied HU | 471 (77.6%) |
| Renter Occupied HU | 69 (11.4%) |
| Vacant Housing Units | 67 (11.0%) |
| Median Home Value | $263,346 |
| Average Home Value | $278,376 |
Housing Distribution
Address Breakdown
Residential
496
Single Family
496
Multi-Family
0
Businesses
19
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices