12 Morrison DriveLondonderryNH03053
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 Londonderry at 12 Morrison Drive, Londonderry, NH, 03053 offers a 5.82% rental yield on a $650,000 purchase with $3,155/mo rent. 32% in year one. Equity gained on principal adds $4,194/yr while 5% annual appreciation supports $179,583 over five years. Portfolio math shows five-year ROI at 68.15% and total cumulative return in cash at $145,730. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,155/mo property income against a $3,181/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03053, Londonderry, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,495 (100%) |
| Owner Occupied HU | 8,550 (81.5%) |
| Renter Occupied HU | 1,717 (16.4%) |
| Vacant Housing Units | 228 ( 2.2%) |
| Median Home Value | $561,735 |
| Average Home Value | $571,522 |
Housing Distribution
Address Breakdown
Residential
10,220
Single Family
8,485
Multi-Family
1,735
Businesses
1,072
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rebecca A DiGregorio • BHHS Verani Londonderry
Mls Name: PrimeMLS
Mls ID: #5067725