The default of systemd services Type=simple isn't suitable for dhcpd and other daemons:
• If set to simple (the default if ExecStart= is specified but neither Type= nor BusName= are), the service manager will consider the unit started immediately after the main service process has been forked off. It is expected that the process configured with ExecStart= is the main process of the service. In this mode, if the process offers functionality to other processes on the system, its communication channels should be installed before the service is started up (e.g. sockets set up by systemd, via socket activation), as the service manager will immediately proceed starting follow-up units, right after creating the main service process, and before executing the service's binary. Note that this means systemctl start command lines for simple services will report success even if the service's binary cannot be invoked successfully (for example because the selected User= doesn't exist, or the service binary is missing).
This was introduced in T2185 where an inappropriate service type was chosen.
Type=forking is correct, also PIDFile needs to be specified and the shell pre-start script moved to ExecStartPre.