623 Gore RdOtisfieldME04270
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 623 Gore Rd, Otisfield, ME, 04270 in Otisfield. Priced at $333,200, it generates $3,966/mo in gross rent and $1,863/mo in net monthly cash flow, a 14.28% yield that comfortably supports the 2.65 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $22,357. Five-year appreciation: $92,057. Equity from principal paydown: $3,069/yr. Total projected cumulative return: $246,418.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.3% | 7.0% |
| Monthly Cash Flow | $1,863 | $900 |
City averages based on Otisfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,966 |
| Total Monthly Debt Service | $1,970 |
| DSCR Ratio | 2.01x |
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 N/A
4.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04270, Oxford, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,633 (100%) |
| Owner Occupied HU | 2,186 (60.2%) |
| Renter Occupied HU | 418 (11.5%) |
| Vacant Housing Units | 1,029 (28.3%) |
| Median Home Value | $242,096 |
| Average Home Value | $301,215 |
Housing Distribution
Address Breakdown
Residential
2,753
Single Family
2,689
Multi-Family
64
Businesses
182
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 N/A
4.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04270, Oxford, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,633 (100%) |
| Owner Occupied HU | 2,186 (60.2%) |
| Renter Occupied HU | 418 (11.5%) |
| Vacant Housing Units | 1,029 (28.3%) |
| Median Home Value | $242,096 |
| Average Home Value | $301,215 |
Housing Distribution
Address Breakdown
Residential
2,753
Single Family
2,689
Multi-Family
64
Businesses
182
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices