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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Berwick at 2 Tomahawk Lane, Berwick, ME, 03901 generates $2,280/mo in rent, after a $3,421/mo payment. Total monthly income is $2,280/mo. Return on cash invested sits at 8.07% in year one, and rental yield is 3.91% on a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 39.81% and total cumulative return in cash sums $91,550. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,280/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
1.23 Acres lot
$N/A/sqft
$166 monthly HOA
Neighborhood data shown for ZIP Code: 03901, Berwick, ME area.
| 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 |
Residential
3,085
Single Family
3,031
Multi-Family
54
Businesses
145
Date | Event | Price |
|---|---|---|
| 2025-02-07 | Listed for sale | $699,000 |
| 2024-10-11 | Contingent | $699,000 |
| 2024-09-25 | Listed for sale | $699,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • The Aland Realty Group, LLC
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1585145
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782
