2 Emerald CourtBerwickME03901
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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 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
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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