12 Gerrish Drive, Nottingham, NH, 03290 | 7.92% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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12 Gerrish Drive, Nottingham, NH, 03290 | 7.92% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Nottingham at 12 Gerrish Drive, Nottingham, NH, 03290 priced at $489,800 converts $3,233/mo rent into after a $2,397/mo obligation. Total monthly income equals $3,233/mo. Return on cash invested prints 19.54% in year one, and rental yield reads 7.92% against a $489,800 entry. Equity gained on principal adds $3,161/yr, while 5% annual appreciation compiles into $135,323 by year five. Five-year ROI reaches 101.55% and total cumulative return in cash sums $164,889. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,233/mo property income covering a $2,397/mo payment, not borrower’s personal income.

Single Family

Built in 1973

0.94 Acres lot

$N/A/sqft

No HOA

More details about the property

Location is a short drive to a state park where you can enjoy outdoor activities. Up the road from a gas station / store and a short drive to grocery shopping, Pharmacies and Restaurants. Lot could be large enough for some gardens, as well as areas where in some cases condominium life would not offer the same freedoms of owning an individual own home. Owner has not lived in the property. Please feel free to drive and see for yourself if this would be something that would entertain your life style. The home is vacant and can be shown by appointment. Thank you.

Neighborhood Data

Neighborhood data shown for ZIP Code: 03290, Nottingham, NH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,130 (100%)
Owner Occupied HU	1,827 (85.8%)
Renter Occupied HU	130 ( 6.1%)
Vacant Housing Units	173 ( 8.1%)
Median Home Value	$528,646
Average Home Value	$583,288