8 High Knoll DriveSouth BerwickME03908
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 8 High Knoll Drive, South Berwick, ME, 03908 in South Berwick. At $545,000 it earns $3,626/mo in rent and distributes $217/mo to the owner after the $2,451/mo payment, a consistent 8.11% yield. DSCR 1.48 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $150,573 in value; $5,020/yr in principal paydown compounds ownership stake. Total projected return: $217,412.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 5.8% |
| Monthly Cash Flow | $217 | $500 |
City averages based on South Berwick market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,626 |
| Total Monthly Debt Service | $3,249 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1984
0.56 Acres lot
$N/A/sqft
$310 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1984
0.56 Acres lot
$N/A/sqft
$310 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • EXP Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1619986
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