163 Oak StreetOaklandME04963
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 163 Oak Street, Oakland, ME, 04963 in Oakland. Priced at $299,000, it generates $2,641/mo in gross rent and $754/mo in net monthly cash flow, a 10.6% yield that comfortably supports the 1.97 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $9,050. Five-year appreciation: $82,608. Equity from principal paydown: $2,754/yr. Total projected cumulative return: $162,108.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 5.4% |
| Monthly Cash Flow | $754 | $950 |
City averages based on Oakland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,641 |
| Total Monthly Debt Service | $1,768 |
| DSCR Ratio | 1.49x |
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.
Single Family
Built in 1901
2 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
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
Single Family
Built in 1901
2 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices