193 Little River RoadBerwickME03901
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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 Berwick at 193 Little River Road, Berwick, ME, 03901 priced at $499,900 pairs $3,433/mo rent with $278/mo cash flow after a $2,447/mo payment. Total monthly income equals $3,433/mo, and annual cash flow comes to $3,334/yr on $165,717 invested. Return on cash invested is 21.92% in year one, and rental yield stands at 8.24% on a $499,900 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,113 by year five. Five-year ROI measures 113.78% and total cumulative return in cash reaches $188,556. For financing, Ziffy Mortgage’s DSCR program evaluates $3,433/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1998
2.80 Acres 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
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