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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 54 Tamarack Drive #453, South Berwick, ME, 03908 offers a 8.2% rental yield on a $562,000 purchase with $3,840/mo rent. Total monthly income registers $3,840/mo, and a $2,751/mo payment leaves $293/mo available for distribution. Annual cash flow reaches $3,514/yr on $184,898 to close, and return on cash invested stands at 21.96% in year one. Equity gained on principal adds $3,627/yr while 5% annual appreciation supports $155,270 over five years. Portfolio math shows five-year ROI at 113.96% and total cumulative return in cash at $210,717. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,840/mo property income against a $2,751/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
0.36 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 |
|---|---|---|
| 2025-08-11 | Sold | $562,000 |
| 2025-08-11 | Pending sale | $539,900 |
| 2025-07-23 | Contingent | $539,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • Berkshire Hathaway HomeServices Verani Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1630808
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
