49 Old Waterville 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 49 Old Waterville Road, Oakland, ME, 04963 uses $75,914 cash to close to unlock $8,695/yr annual cash flow and $725/mo monthly cash flow. Total monthly income runs $2,170/mo, and a $1,121/mo payment keeps the spread at $725/mo. Purchase price stands at $229,000, and rental yield measures 11.37% with $2,170/mo rent. Return on cash invested shows 31.36% in year one, and 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 164.45% and total cumulative return in cash records $124,841. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,170/mo property income covering a $1,121/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.34 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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