lot 6 Heritage DriveBerwickME03901
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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
Rental property for sale in Berwick at lot 6 Heritage Drive, Berwick, ME, 03901 priced at $600,000 pairs $3,853/mo rent with $66/mo cash flow after a $2,937/mo payment. Total monthly income equals $3,853/mo, and annual cash flow comes to $792/yr on $197,400 invested. Return on cash invested is 20.46% in year one, and rental yield stands at 7.71% on a $600,000 basis. Equity gained on principal adds $3,872/yr, and 5% annual appreciation accumulates to $165,769 by year five. Five-year ROI measures 105.92% and total cumulative return in cash reaches $209,088. For financing, Ziffy Mortgage’s DSCR program evaluates $3,853/mo property income against a $2,937/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
1.58 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
3,085
Single Family
3,031
Multi-Family
54
Businesses
145
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