34 Beaver Dam 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
Rental property for sale in South Berwick at 34 Beaver Dam Road, South Berwick, ME, 03908 generates $1,080/mo in rent, after a $2,425/mo payment. Total monthly income is $1,080/mo. Return on cash invested sits at 4.95% in year one, and rental yield is 2.62% on a $495,500 entry. Equity gained on principal adds $3,197/yr, while 5% annual appreciation builds toward $136,898 over five years. Five-year ROI reaches 22.83% and total cumulative return in cash sums $37,499. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,080/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
0.52 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 • RE/MAX Shoreline
Mls Name: Maine Listings
Mls ID: #1650725