61 Ridlon Road, Berwick, ME, 03901 | $166/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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61 Ridlon Road, Berwick, ME, 03901 | $166/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Berwick at 61 Ridlon Road, Berwick, ME, 03901 offers a 7.95% rental yield on a $525,000 purchase with $3,480/mo rent. Total monthly income registers $3,480/mo, and a $2,570/mo payment leaves $166/mo available for distribution. Annual cash flow reaches $1,995/yr on $172,725 to close, and return on cash invested stands at 21.22% in year one. Equity gained on principal adds $3,388/yr while 5% annual appreciation supports $145,048 over five years. Portfolio math shows five-year ROI at 109.99% and total cumulative return in cash at $189,981. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,480/mo property income against a $2,570/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2003

2.76 Acres lot

$N/A/sqft

No HOA

More details about the property

Situated on a private 2.78-acre lot near downtown Berwick and the ME/NH line, this 1,728 sq ft (with an additional648 sq ft finished basement space) Colonial offers an open-concept first floor, natural-light interiors, and versatile spaces. The main level features a spacious living/dining area with a slider to the back deck that receives afternoon sun, a large kitchen with peninsula seating, and a first-floor flex room ideal for office, playroom, or den. A half bath with laundry completes the main level. Upstairs offers three bedrooms and two full baths, including a front-to-back primary with ample storage. The walk-out lower level provides expansion potential for a workshop, gym, or media space. Outdoor living includes a fenced backyard, elevated deck, conveying shed, and conveying treehouse/play structure. Private well and septic. Systems include an oil-fired boiler for hot water baseboard heat, and a whole-house automatic generator for uninterrupted power. Located approx. 1.6-2 miles from local coffee shops, dining, and the Salmon Falls River, with convenient access to Routes 9, 4, and 236. Close to downtown Somersworth and regional amenities while offering a wooded, private setting. Open Houses Saturday, November 15 from 1p-3p and Sunday, from 11a-1p.

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