10 Independence DriveSalemNH03079
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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
Rental property for sale in Salem at 10 Independence Drive, Salem, NH, 03079 priced at $815,000 pairs $5,940/mo rent with $477/mo cash flow after a $3,989/mo payment. Total monthly income equals $5,940/mo, and annual cash flow comes to $5,726/yr on $268,135 invested. Return on cash invested is 22.2% in year one, and rental yield stands at 8.75% on a $815,000 basis. Equity gained on principal adds $5,259/yr, and 5% annual appreciation accumulates to $225,169 by year five. Five-year ROI measures 115.76% and total cumulative return in cash reaches $310,393. For financing, Ziffy Mortgage’s DSCR program evaluates $5,940/mo property income against a $3,989/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1986
2.03 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 |
Housing Distribution
Address Breakdown
Residential
13,257
Single Family
10,248
Multi-Family
3,009
Businesses
1,816
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Listed by: John Raymond • Coldwell Banker Realty Center Harbor NH
Mls Name: PrimeMLS
Mls ID: #5057797