109 Spruce DrFarmingtonNH03835
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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
Investment property for sale in Farmington at 109 Spruce Dr, Farmington, NH, 03835 uses $66,797 cash to close to unlock $15,139/yr annual cash flow and $1,262/mo monthly cash flow. Total monthly income runs $2,612/mo, and a $986/mo payment keeps the spread at $1,262/mo. Purchase price stands at $201,500, and rental yield measures 15.56% with $2,612/mo rent. Return on cash invested shows 42.57% in year one, and 5% annual appreciation builds toward $55,671 over five years. Five-year ROI reaches 225.06% and total cumulative return in cash records $150,335. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,612/mo property income covering a $986/mo payment rather than investor’s personal income.
Single Family
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03835, Farmington, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,041 (100%) |
| Owner Occupied HU | 2,103 (69.2%) |
| Renter Occupied HU | 722 (23.7%) |
| Vacant Housing Units | 216 ( 7.1%) |
| Median Home Value | $374,745 |
| Average Home Value | $416,284 |
Housing Distribution
Address Breakdown
Residential
2,756
Single Family
2,424
Multi-Family
332
Businesses
149
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Listed by: N/A • N/A
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