115 Forestedge WayManchesterNH03102
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
Investment property for sale in Manchester at 115 Forestedge Way, Manchester, NH, 03102 offers a 6.08% rental yield on a $465,000 purchase with $2,356/mo rent. 99% in year one. Equity gained on principal adds $3,001/yr while 5% annual appreciation supports $128,471 over five years. Portfolio math shows five-year ROI at 71.77% and total cumulative return in cash at $110,639. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,356/mo property income against a $2,276/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03102, Manchester, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,231 (100%) |
| Owner Occupied HU | 5,603 (36.8%) |
| Renter Occupied HU | 9,075 (59.6%) |
| Vacant Housing Units | 553 ( 3.6%) |
| Median Home Value | $364,554 |
| Average Home Value | $399,877 |
Housing Distribution
Address Breakdown
Residential
14,680
Single Family
9,889
Multi-Family
4,791
Businesses
521
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joanne Rodrigues • Redfin Corporation
Mls Name: PrimeMLS
Mls ID: #5063222