29 Great Hill RoadSouth BerwickME03908
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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
Total monthly income runs $1,080/mo, and a $3,083/mo payment. Purchase price stands at $629,900, and rental yield measures 2.06% with $1,080/mo rent. Return on cash invested shows 3.29% in year one, and 5% annual appreciation builds toward $174,030 over five years. Five-year ROI reaches 13.88% and total cumulative return in cash records $28,755. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,080/mo property income covering a $3,083/mo payment rather than investor’s personal income.
Single Family
Built in 2023
5.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03908, South Berwick, ME area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
3,053
Single Family
2,856
Multi-Family
197
Businesses
168
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Listed by: N/A • Keller Williams Coastal and Lakes & Mountains Realty
Mls Name: Maine Listings
Mls ID: #1642826