12 Cross Street #201ConcordNH03303
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 Concord at 12 Cross Street #201, Concord, NH, 03303 generates $2,640/mo in rent and, after a $1,835/mo payment, leaves $127/mo in cash flow. Total monthly income is $2,640/mo, and annual cash flow is $1,525/yr on $124,279 invested. Return on cash invested sits at 21.14% in year one, and rental yield is 8.45% on a $374,900 entry. Equity gained on principal adds $2,419/yr, while 5% annual appreciation builds toward $103,578 over five years. Five-year ROI reaches 110.12% and total cumulative return in cash sums $136,855. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,640/mo property income rather than buyer’s personal income.
Townhouse
Built in 1877
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03303, Concord, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,272 (100%) |
| Owner Occupied HU | 4,755 (65.4%) |
| Renter Occupied HU | 2,200 (30.3%) |
| Vacant Housing Units | 317 ( 4.4%) |
| Median Home Value | $405,062 |
| Average Home Value | $425,354 |
Housing Distribution
Address Breakdown
Residential
6,798
Single Family
5,173
Multi-Family
1,625
Businesses
269
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Helen Skaleris • The Mullen Realty Group, LLC
Mls Name: PrimeMLS
Mls ID: #5061881