2 Emerald Court, Berwick, ME, 03901 | $15/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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2 Emerald Court, Berwick, ME, 03901 | $15/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Berwick at 2 Emerald Court, Berwick, ME, 03901 uses $180,621 cash to close to unlock $183/yr annual cash flow and $15/mo monthly cash flow. Total monthly income runs $3,480/mo, and a $2,687/mo payment keeps the spread at $15/mo. Purchase price stands at $549,000, and rental yield measures 7.61% with $3,480/mo rent. Return on cash invested shows 20.16% in year one, and 5% annual appreciation builds toward $151,679 over five years. Five-year ROI reaches 104.34% and total cumulative return in cash records $188,456. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,480/mo property income covering a $2,687/mo payment rather than investor’s personal income.

Single Family

Built in 2007

0.40 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to 2 Emerald Court! This attractive single-level home features 3 bedrooms and 2 bathrooms, perfectly situated in a lovely neighborhood just outside of town. An open-concept kitchen, dining area, and living room create a bright, connected space perfect for everyday living and entertaining. Just off the dining area, step onto the newly renovated deck overlooking the backyardan ideal spot for relaxing or gathering with friends. Located off the main living space, a separate great room with a large space to spread out, whether you're hosting, working, or unwinding. The primary bedroom provides a peaceful getaway with a full en-suite bath and a generous walk-in closet. Two additional bedrooms and another full bath provide flexibility for family, guests, or a home office. The open basement provides excellent storage and endless potential for future finishing. An attached garage adds convenience and easy access. Comfortable, spacious, beautifully maintained, and perfectly situatedthis home is a must see! Visit the Open Houses this Saturday November 29th from 10am - Noon.

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