505 School StreetBerwickME03901
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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 Berwick at 505 School Street, Berwick, ME, 03901 earns $1,129/mo cash flow from $3,259/mo rent with a $1,652/mo payment. Total monthly income totals $3,259/mo, and annual cash flow totals $13,546/yr on $111,881 capital. ROI tracks 32.02% on current figures, and rental yield reads 11.59% at a $337,500 purchase. Equity gained on principal adds $2,178/yr, and 5% annual appreciation supports $93,245 over five years. Five-year ROI reaches 167.92% and total cumulative return in cash sums $187,873. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,259/mo property income instead of your personal income.
Single Family
Built in 1946
1.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03901, Berwick, ME area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
3,085
Single Family
3,031
Multi-Family
54
Businesses
145
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