111 West Merrimack Street #3ManchesterNH03101
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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 Manchester at 111 West Merrimack Street #3, Manchester, NH, 03101 listed at $394,000 pairs $2,154/mo rent with a $1,928/mo payment. Total monthly income runs $2,154/mo. Return on cash invested measures 15.44% in year one, and rental yield registers 6.56% at a $394,000 basis. Equity gained on principal adds $2,542/yr, and annual property appreciation at 5% supports $108,855 by year five. Five-year ROI tracks 79.55% and total cumulative return in cash totals $103,900. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,154/mo property income relative to a $1,928/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1890
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03101, Manchester, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,915 (100%) |
| Owner Occupied HU | 200 ( 6.9%) |
| Renter Occupied HU | 2,418 (83.0%) |
| Vacant Housing Units | 297 (10.2%) |
| Median Home Value | $375,000 |
| Average Home Value | $405,525 |
Housing Distribution
Address Breakdown
Residential
2,559
Single Family
879
Multi-Family
1,680
Businesses
1,045
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Listed by: Andrew Kieffer • BHHS Verani Bedford
Mls Name: PrimeMLS
Mls ID: #5060248