11 Vespa LaneNashuaNH03064
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 Nashua at 11 Vespa Lane, Nashua, NH, 03064 offers $3,300/mo rent that, after a $2,198/mo payment, leaves $290/mo cash flow. Total monthly income is $3,300/mo, and annual cash flow is $3,481/yr on $148,844 cash. Return on cash invested measures 22.25% in year one, and rental yield stands at 8.82% at a $449,000 entry. Equity gained on principal adds $2,897/yr while 5% annual appreciation compounds into $124,050 by year five. Five-year ROI records 116.08% and total cumulative return in cash reaches $172,780. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,300/mo property income versus a $2,198/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03064, Nashua, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,696 (100%) |
| Owner Occupied HU | 3,712 (55.4%) |
| Renter Occupied HU | 2,765 (41.3%) |
| Vacant Housing Units | 219 ( 3.3%) |
| Median Home Value | $462,289 |
| Average Home Value | $514,367 |
Housing Distribution
Address Breakdown
Residential
6,287
Single Family
5,839
Multi-Family
448
Businesses
273
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Martha Daniels Holland • RE/MAX Innovative Properties
Mls Name: PrimeMLS
Mls ID: #5072527