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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 35 Locust Lane, South Berwick, ME, 03908 uses $165,717 cash to close to unlock $4,414/yr annual cash flow and $368/mo monthly cash flow. Total monthly income runs $3,523/mo, and a $2,447/mo payment keeps the spread at $368/mo. Purchase price stands at $499,900, and rental yield measures 8.46% with $3,523/mo rent. Return on cash invested shows 22.57% in year one, and 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 117.28% and total cumulative return in cash records $194,352. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,523/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 1994
0.42 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 |
|---|---|---|
| 2025-08-19 | Sold | $499,900 |
| 2025-06-20 | Pending sale | $499,900 |
| 2025-06-15 | Price change | $499,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-10 | $5009.00 | N/A | $358,800 | N/A |
| 2023-10-10 | $5009.00 | 13.66% | $358,800 | 18.38% |
| 2022-10-10 | $4407.00 | -1.37% | $303,100 | 5.43% |
Listed by: N/A • Maine Real Estate Co
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1625040
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
