11 Old County RoadSouth BerwickME03908
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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
Investment Highlights
Rental property for sale in South Berwick at 11 Old County Road, South Berwick, ME, 03908 priced at $1,399,000 pairs $3,784/mo rent with after a $6,847/mo payment. Total monthly income equals $3,784/mo. Return on cash invested is 7.01% in year one, and rental yield stands at 3.25% on a $1,399,000 basis. Equity gained on principal adds $9,028/yr, and 5% annual appreciation accumulates to $386,518 by year five. Five-year ROI measures 33.76% and total cumulative return in cash reaches $153,041. For financing, Ziffy Mortgage’s DSCR program evaluates $3,784/mo property income against a $6,847/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
12.73 Acres 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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Listed by: N/A • RE/MAX Realty One
Mls Name: Maine Listings
Mls ID: #1635848