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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 North Berwick at 25 Riverview Drive #D, North Berwick, ME, 03906 earns $141/mo cash flow from $2,768/mo rent with a $1,639/mo payment. Total monthly income totals $2,768/mo, and annual cash flow totals $1,687/yr on $111,019 capital. ROI tracks 21.43% on current figures, and rental yield reads 9.92% at a $334,900 purchase. Equity gained on principal adds $2,161/yr, and 5% annual appreciation supports $92,527 over five years. Five-year ROI reaches 113.17% and total cumulative return in cash sums $125,641. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,768/mo property income instead of your personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
$514 monthly HOA
Neighborhood data shown for ZIP Code: 03906, North Berwick, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,228 (100%) |
| Owner Occupied HU | 1,733 (77.8%) |
| Renter Occupied HU | 357 (16.0%) |
| Vacant Housing Units | 138 ( 6.2%) |
| Median Home Value | $453,463 |
| Average Home Value | $469,577 |
Residential
1,882
Single Family
1,832
Multi-Family
50
Businesses
107
Date | Event | Price |
|---|---|---|
| 2025-06-20 | Listed for sale | $334,900 |
| 2021-04-09 | Sold | $220,000 |
| 2021-03-15 | Pending sale | $210,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-22 | $2118.00 | N/A | $197,000 | N/A |
| 2023-06-22 | $2118.00 | 22.43% | $197,000 | 26.93% |
| 2022-06-22 | $1730.00 | 6.66% | $155,200 | 4.30% |
Listed by: N/A • Berkshire Hathaway HomeServices Verani Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1627437
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
