118 Ten Lots RoadOaklandME04963
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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 Oakland at 118 Ten Lots Road, Oakland, ME, 04963 with 5% annual appreciation on a $287,500 basis while $2,022/mo rent supports operations. Total monthly income totals $2,022/mo and a $1,407/mo payment preserves $208/mo for cash returns. Annual cash flow comes to $2,493/yr on $95,306 deployed, and return on cash invested reaches 22.52% in year one. Equity gained on principal adds $1,855/yr, and five-year appreciation sums $79,431 alongside rental yield of 8.44%. Five-year ROI measures 117.03% and total cumulative return in cash totals $111,539.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,022/mo property income versus a $1,407/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1965
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04963, Oakland, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,355 (100%) |
| Owner Occupied HU | 2,644 (60.7%) |
| Renter Occupied HU | 649 (14.9%) |
| Vacant Housing Units | 1,062 (24.4%) |
| Median Home Value | $277,160 |
| Average Home Value | $311,606 |
Housing Distribution
Address Breakdown
Residential
3,343
Single Family
3,292
Multi-Family
51
Businesses
208
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