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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 301 Route 236, Berwick, ME, 03901 generates $2,622/mo in rent and, after a $1,199/mo payment, leaves $1,076/mo in cash flow. Total monthly income is $2,622/mo, and annual cash flow is $12,911/yr on $81,218 invested. Return on cash invested sits at 35.81% in year one, and rental yield is 12.84% on a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 188.25% and total cumulative return in cash sums $152,892. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,622/mo property income rather than buyer’s personal income.
Multi Family
Built in 1940
7,405 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-12-18 | Listed for sale | $245,000 |
| 2024-09-23 | Sold | $100,000 |
| 2023-06-06 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-18 | $2420.00 | N/A | $132,100 | N/A |
| 2023-02-18 | $2420.00 | 0.54% | $132,100 | N/A |
| 2022-02-18 | $2407.00 | -0.41% | $132,100 | N/A |
Listed by: N/A • Keller Williams Coastal and Lakes & Mountains Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1611319
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
