420 Oakfield Smyrna RoadOakfieldME04763
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 420 Oakfield Smyrna Road, Oakfield, ME, 04763 in Oakfield: $1,734/mo in rent, $222/mo in net income, 8.69% gross yield, 1.61 DSCR, all at $239,500. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $66,169 in appreciation and $2,206/yr in principal paydown projects total cumulative return of $105,286.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 5.5% |
| Monthly Cash Flow | $222 | $800 |
City averages based on Oakfield market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,734 |
| Total Monthly Debt Service | $1,416 |
| DSCR Ratio | 1.22x |
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 1920
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04763, Oakfield, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 486 (100%) |
| Owner Occupied HU | 256 (52.7%) |
| Renter Occupied HU | 41 ( 8.4%) |
| Vacant Housing Units | 189 (38.9%) |
| Median Home Value | $191,346 |
| Average Home Value | $370,908 |
Housing Distribution
Address Breakdown
Residential
197
Single Family
167
Multi-Family
30
Businesses
22
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 1920
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04763, Oakfield, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 486 (100%) |
| Owner Occupied HU | 256 (52.7%) |
| Renter Occupied HU | 41 ( 8.4%) |
| Vacant Housing Units | 189 (38.9%) |
| Median Home Value | $191,346 |
| Average Home Value | $370,908 |
Housing Distribution
Address Breakdown
Residential
197
Single Family
167
Multi-Family
30
Businesses
22
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices