12 Melonys WayColebrookNH03576
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 Colebrook at 12 Melonys Way, Colebrook, NH, 03576 offers $2,178/mo rent that, after a $1,415/mo payment, leaves $240/mo cash flow. Total monthly income is $2,178/mo, and annual cash flow is $2,885/yr on $95,804 cash. Return on cash invested measures 22.92% in year one, and rental yield stands at 9.04% at a $289,000 entry. Equity gained on principal adds $1,865/yr while 5% annual appreciation compounds into $79,845 by year five. Five-year ROI records 119.68% and total cumulative return in cash reaches $114,662. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,178/mo property income versus a $1,415/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
2.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03576, Colebrook, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,488 (100%) |
| Owner Occupied HU | 1,122 (45.1%) |
| Renter Occupied HU | 420 (16.9%) |
| Vacant Housing Units | 946 (38.0%) |
| Median Home Value | $260,976 |
| Average Home Value | $314,418 |
Housing Distribution
Address Breakdown
Residential
1,502
Single Family
1,425
Multi-Family
77
Businesses
193
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Paul Priolo • RE/MAX Northern Edge Realty/Colebrook
Mls Name: PrimeMLS
Mls ID: #5071979