1 Ballard Ln, Salem, NH, 03079 | 7.63% Rental Yield

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

Rental property for sale in Salem at 1 Ballard Ln, Salem, NH, 03079 generates $4,894/mo in rent, after a $3,768/mo payment. Total monthly income is $4,894/mo. Return on cash invested sits at 18.8% in year one, and rental yield is 7.63% on a $769,900 entry. Equity gained on principal adds $4,968/yr, while 5% annual appreciation builds toward $212,709 over five years. Five-year ROI reaches 97.53% and total cumulative return in cash sums $247,045. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,894/mo property income rather than buyer’s personal income.

Single Family

Built in 1995

0.55 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 03079, Salem, NH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,720 (100%)
Owner Occupied HU	9,543 (69.6%)
Renter Occupied HU	3,512 (25.6%)
Vacant Housing Units	665 ( 4.8%)
Median Home Value	$555,186
Average Home Value	$577,277