74 Maple StreetNorth 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 74 Maple Street, North Berwick, ME, 03906 listed at $589,000 pairs $3,241/mo rent with a $2,883/mo payment. Total monthly income runs $3,241/mo. Return on cash invested measures 17.11% in year one, and rental yield registers 6.6% at a $589,000 basis. Equity gained on principal adds $3,801/yr, and annual property appreciation at 5% supports $162,730 by year five. Five-year ROI tracks 87.96% and total cumulative return in cash totals $170,450. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,241/mo property income relative to a $2,883/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1890
0.84 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: N/A • Coldwell Banker Realty
Mls Name: Maine Listings
Mls ID: #1646434