999 Frenchville RdFort KentME04743
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 999 Frenchville Rd, Fort Kent, ME, 04743 in Fort Kent: $2,226/mo in rent, $1,223/mo net, 18.59% gross yield, all on a $143,700 acquisition. The 3.45 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $39,702 in value, and $1,323/yr in principal paydown steadily builds equity. Projected total cumulative return: $133,731.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 18.6% | 7.2% |
| Monthly Cash Flow | $1,223 | $200 |
City averages based on Fort Kent market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,226 |
| Total Monthly Debt Service | $946 |
| DSCR Ratio | 2.35x |
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.
Apartment
Built in N/A
100 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04743, Fort Kent, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,324 (100%) |
| Owner Occupied HU | 1,463 (63.0%) |
| Renter Occupied HU | 569 (24.5%) |
| Vacant Housing Units | 292 (12.6%) |
| Median Home Value | $240,116 |
| Average Home Value | $242,239 |
Housing Distribution
Address Breakdown
Residential
1,947
Single Family
1,814
Multi-Family
133
Businesses
210
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
Apartment
Built in N/A
100 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04743, Fort Kent, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,324 (100%) |
| Owner Occupied HU | 1,463 (63.0%) |
| Renter Occupied HU | 569 (24.5%) |
| Vacant Housing Units | 292 (12.6%) |
| Median Home Value | $240,116 |
| Average Home Value | $242,239 |
Housing Distribution
Address Breakdown
Residential
1,947
Single Family
1,814
Multi-Family
133
Businesses
210
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices