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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% |
Investment property for sale in South Berwick at 24 Pine Street, South Berwick, ME, 03908 at $469,900 posts ROI 5.38% with from $1,080/mo rent. Total monthly income equals $1,080/mo. Return on cash invested measures 5.38% and rental yield reads 2.76% at the current $469,900. Equity gained on principal adds $3,032/yr, and 5% annual appreciation supports $129,825 by year five. Five-year ROI prints 25.11% and total cumulative return in cash totals $39,122. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,080/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2005
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 03908, South Berwick, ME area.
| 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 |
Residential
3,053
Single Family
2,856
Multi-Family
197
Businesses
168
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jerry Tatlock • Century 21 Barbara Patterson
Mls Name: PrimeMLS
Mls ID: #5061592
