101 School StreetBerwickME03901
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
Rental property for sale in Berwick at 101 School Street, Berwick, ME, 03901 generates $2,779/mo in rent and, after a $1,806/mo payment, leaves $450/mo in cash flow. Total monthly income is $2,779/mo, and annual cash flow is $5,403/yr on $122,324 invested. Return on cash invested sits at 24.33% in year one, and rental yield is 9.04% on a $369,000 entry. Equity gained on principal adds $2,381/yr, while 5% annual appreciation builds toward $101,948 over five years. Five-year ROI reaches 126.71% and total cumulative return in cash sums $154,995. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,779/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03901, Berwick, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,371 (100%) |
| Owner Occupied HU | 2,619 (77.7%) |
| Renter Occupied HU | 629 (18.7%) |
| Vacant Housing Units | 123 ( 3.6%) |
| Median Home Value | $424,463 |
| Average Home Value | $452,684 |
Housing Distribution
Address Breakdown
Residential
3,085
Single Family
3,031
Multi-Family
54
Businesses
145
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices