10 Portland StreetSouth BerwickME03908
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
Investment Highlights
Investment property for sale in South Berwick at 10 Portland Street, South Berwick, ME, 03908 at $699,900 posts ROI 8.67% with from $2,232/mo rent. Total monthly income equals $2,232/mo. Return on cash invested measures 8.67% and rental yield reads 3.83% at the current $699,900. Equity gained on principal adds $4,516/yr, and 5% annual appreciation supports $193,369 by year five. Five-year ROI prints 42.71% and total cumulative return in cash totals $98,348. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,232/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1890
4,356 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
3,053
Single Family
2,856
Multi-Family
197
Businesses
168
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Nearby investment properties with comparable prices
Listed by: N/A • RE/MAX Shoreline
Mls Name: Maine Listings
Mls ID: #1640927