1 Spencer RoadHanoverNH03755
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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
Investment property for sale in Hanover at 1 Spencer Road, Hanover, NH, 03755 listed at $1,700,000 pairs $5,387/mo rent with a $8,321/mo payment. Total monthly income runs $5,387/mo. Return on cash invested measures 7.28% in year one, and rental yield registers 3.8% at a $1,700,000 basis. Equity gained on principal adds $10,970/yr, and annual property appreciation at 5% supports $469,679 by year five. Five-year ROI tracks 35.71% and total cumulative return in cash totals $196,699. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,387/mo property income relative to a $8,321/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
2.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03755, Hanover, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,061 (100%) |
| Owner Occupied HU | 1,739 (56.8%) |
| Renter Occupied HU | 1,064 (34.8%) |
| Vacant Housing Units | 258 ( 8.4%) |
| Median Home Value | $767,920 |
| Average Home Value | $882,371 |
Housing Distribution
Address Breakdown
Residential
2,957
Single Family
2,199
Multi-Family
758
Businesses
1,051
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Listed by: Jane Darrach • Martha E. Diebold/Hanover
Mls Name: PrimeMLS
Mls ID: #5053293