58 Boyds Corner 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
Investment property for sale in South Berwick at 58 Boyds Corner Road, South Berwick, ME, 03908 earns $235/mo cash flow from $2,034/mo rent with a $1,395/mo payment. Total monthly income totals $2,034/mo, and annual cash flow totals $2,823/yr on $94,478 capital. ROI tracks 22.9% on current figures, and rental yield reads 8.56% at a $285,000 purchase. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 over five years. Five-year ROI reaches 119.06% and total cumulative return in cash sums $112,482. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,034/mo property income instead of your personal income.
Single Family
Built in 1940
1 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: Justin Kelcourse • KW Coastal and Lakes & Mountains Realty
Mls Name: PrimeMLS
Mls ID: #5061811