6 Paddy LaneFranklinME04634
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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 6 Paddy Lane, Franklin, ME, 04634 uses $124,279 cash to close to unlock $767/yr annual cash flow and $64/mo monthly cash flow. Total monthly income runs $2,430/mo, and a $1,835/mo payment keeps the spread at $64/mo. Purchase price stands at $374,900, and rental yield measures 7.78% with $2,430/mo rent. Return on cash invested shows 20.53% in year one, and 5% annual appreciation builds toward $103,578 over five years. Five-year ROI reaches 106.3% and total cumulative return in cash records $132,103. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,430/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
Built in 1902
1 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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