14 Berwick 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
Investment property for sale in South Berwick at 14 Berwick Road, South Berwick, ME, 03908 offers a 10.84% rental yield on a $425,000 purchase with $3,840/mo rent. Total monthly income registers $3,840/mo, and a $2,080/mo payment leaves $1,158/mo available for distribution. Annual cash flow reaches $13,895/yr on $140,888 to close, and return on cash invested stands at 29.77% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 155.87% and total cumulative return in cash at $219,605. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,840/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
1.50 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: Porchlight Home Group • KW Coastal and Lakes & Mountains Realty
Mls Name: PrimeMLS
Mls ID: #5075224