10 Hill Drive, South Berwick, ME, 03908 | 6.82% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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10 Hill Drive, South Berwick, ME, 03908 | 6.82% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in South Berwick at 10 Hill Drive, South Berwick, ME, 03908 offers $3,806/mo rent that, after a $3,279/mo payment. Total monthly income is $3,806/mo. Return on cash invested measures 17.76% in year one, and rental yield stands at 6.82% at a $669,900 entry. Equity gained on principal adds $4,323/yr while 5% annual appreciation compounds into $185,081 by year five. Five-year ROI records 91.45% and total cumulative return in cash reaches $201,549. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,806/mo property income versus a $3,279/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1982

0.92 Acres lot

$N/A/sqft

No HOA

More details about the property

Nestled on a quiet cul-de-sac in one of South Berwick's most sought-after neighborhoods, this beautifully updated 3-bedroom, 2-bath Gambrel-style home offers 2,480 sq ft of comfortable living space on a generous .92-acre lot. Located less than a mile from downtown, top-rated schools, dining, and shopping, this commuter-friendly home combines classic New England charm with modern upgrades. Step inside to discover a thoughtfully renovated kitchen featuring granite countertops, updated cabinetry, and stainless steel appliancesperfect for everyday living and entertaining. Both bathrooms have been tastefully remodeled, and the home boasts hardwood and laminate flooring throughout. Enjoy year-round comfort with energy-efficient heat and A/C pumps, a newer roof, and low-maintenance vinyl siding. A spacious finished and heated bonus room above the attached two-stall garage offers endless possibilitiesideal for a home office, gym, or playroom. Outdoor living is a dream with a large, private backyard, an oversized deck perfect for gatherings, and a charming covered farmer's porch for relaxing mornings or peaceful evenings. Located in a desirable, walkable neighborhood and within the highly regarded MSAD 35 school district, this move-in ready home offers the perfect blend of location, style, and functionality. Delayed showings begin at the open house on Saturday 9/27 & Sunday 9/28 from 10am-noon.

Neighborhood Data

Neighborhood data shown for ZIP Code: 03908, South Berwick, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,137 (100%)
Owner Occupied HU	2,413 (76.9%)
Renter Occupied HU	619 (19.7%)
Vacant Housing Units	105 ( 3.3%)
Median Home Value	$457,853
Average Home Value	$487,165