356 Lyford RoadOrneville TwpME04463
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 356 Lyford Road, Orneville Twp, ME, 04463 in Orneville Twp at $435,000 earns $2,874/mo in rent and nets $129/mo after the $1,956/mo payment, a 7.93% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $120,182 over five years. Ziffy Mortgage underwrites this on a 1.47 DSCR without U.S. credit history. With $4,006/yr in principal paydown, total projected return reaches $173,467.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 7.0% |
| Monthly Cash Flow | $129 | $400 |
City averages based on Orneville Twp market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,874 |
| Total Monthly Debt Service | $2,572 |
| DSCR Ratio | 1.12x |
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 1987
32.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04463, Milo, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,973 (100%) |
| Owner Occupied HU | 1,004 (50.9%) |
| Renter Occupied HU | 332 (16.8%) |
| Vacant Housing Units | 637 (32.3%) |
| Median Home Value | $113,384 |
| Average Home Value | $200,294 |
Housing Distribution
Address Breakdown
Residential
1,401
Single Family
1,320
Multi-Family
81
Businesses
72
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 1987
32.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04463, Milo, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,973 (100%) |
| Owner Occupied HU | 1,004 (50.9%) |
| Renter Occupied HU | 332 (16.8%) |
| Vacant Housing Units | 637 (32.3%) |
| Median Home Value | $113,384 |
| Average Home Value | $200,294 |
Housing Distribution
Address Breakdown
Residential
1,401
Single Family
1,320
Multi-Family
81
Businesses
72
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Realty of Maine
Mls Name: Maine Listings
Mls ID: #1625951