44 Pine Meadow CourtNorth BerwickME03906
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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
Investment property for sale in North Berwick at 44 Pine Meadow Court, North Berwick, ME, 03906 offers a 9.22% rental yield on a $524,000 purchase with $4,025/mo rent. Total monthly income registers $4,025/mo, and a $2,565/mo payment leaves $718/mo available for distribution. Annual cash flow reaches $8,612/yr on $172,396 to close, and return on cash invested stands at 25.06% in year one. Equity gained on principal adds $3,381/yr while 5% annual appreciation supports $144,772 over five years. Portfolio math shows five-year ROI at 130.58% and total cumulative return in cash at $225,115. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,025/mo property income against a $2,565/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
4.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03906, North Berwick, ME area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
1,882
Single Family
1,832
Multi-Family
50
Businesses
107
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Listed by: Darlene Colwell-Ellis • KW Coastal and Lakes & Mountains Realty/Dover
Mls Name: PrimeMLS
Mls ID: #5047988