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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% |
Rental property for sale in Berwick at 8 Turner Lane, Berwick, ME, 03901 offers $3,496/mo rent that, after a $2,472/mo payment, leaves $309/mo cash flow. Total monthly income is $3,496/mo, and annual cash flow is $3,703/yr on $166,145 cash. Return on cash invested measures 22.29% in year one, and rental yield stands at 8.31% at a $505,000 entry. Equity gained on principal adds $3,259/yr while 5% annual appreciation compounds into $139,522 by year five. Five-year ROI records 115.74% and total cumulative return in cash reaches $192,294. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,496/mo property income versus a $2,472/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
2.15 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 03901, Berwick, ME area.
| 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 |
Residential
3,085
Single Family
3,031
Multi-Family
54
Businesses
145
Date | Event | Price |
|---|---|---|
| 2025-08-07 | Sold | $505,000 |
| 2025-06-13 | Pending sale | $479,000 |
| 2025-06-13 | Contingent | $479,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-19 | $4917.00 | N/A | $268,400 | N/A |
| 2023-10-19 | $4917.00 | 0.55% | $268,400 | N/A |
| 2022-10-19 | $4890.00 | -0.45% | $268,400 | N/A |
Listed by: Christopher Dennen • KW Coastal and Lakes & Mountains Realty/Portsmouth
Mls Name: PrimeMLS
Mls Provider:
Mls ID: #5045384
Disclaimer: Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2025-10-18 22:11:35 PDT. This display of listings may or may not be the entire Compilation from the PrimeMLS database, and PrimeMLS does not guarantee the accuracy of such information.
