1 Pheasant LaneManchesterNH03109
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
Investment Highlights
Rental property for sale in Manchester at 1 Pheasant Lane, Manchester, NH, 03109 generates $3,904/mo in rent, after a $3,059/mo payment. Total monthly income is $3,904/mo. Return on cash invested sits at 18.4% in year one, and rental yield is 7.5% on a $624,900 entry. Equity gained on principal adds $4,032/yr, while 5% annual appreciation builds toward $172,648 over five years. Five-year ROI reaches 95.37% and total cumulative return in cash sums $196,073. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,904/mo property income rather than buyer’s personal income.
Single Family
Built in 1986
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03109, Manchester, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,397 (100%) |
| Owner Occupied HU | 3,255 (74.0%) |
| Renter Occupied HU | 1,093 (24.9%) |
| Vacant Housing Units | 49 ( 1.1%) |
| Median Home Value | $412,408 |
| Average Home Value | $417,365 |
Housing Distribution
Address Breakdown
Residential
4,623
Single Family
3,798
Multi-Family
825
Businesses
352
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Liz Plainte • The Corr Group, LLC
Mls Name: PrimeMLS
Mls ID: #5051159