12 Stillwater Circle, Salem, NH, 03079 | $623/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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12 Stillwater Circle, Salem, NH, 03079 | $623/mo Cash Flow | 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

Investment property for sale in Salem at 12 Stillwater Circle, Salem, NH, 03079 at $395,000 posts ROI 25.62% with $623/mo cash flow from $3,270/mo rent. Total monthly income equals $3,270/mo, and annual cash flow records $7,472/yr on $130,943 to close. Return on cash invested measures 25.62% and rental yield reads 9.93% at the current $395,000. Equity gained on principal adds $2,549/yr, and 5% annual appreciation supports $109,131 by year five. Five-year ROI prints 134.12% and total cumulative return in cash totals $175,614.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,270/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Condo

Built in 1920

N/A lot

$N/A/sqft

No HOA

More details about the property

This distinctive waterfront property is located behind Searles Manor. Originally serving as the carriage house, it is now situated within historic stone walls and turrets, offering outstanding water views and picturesque wooded surroundings. The unique two-story condominium blends classic charm with contemporary features, including custom architectural details and meticulously landscaped gardens on Stillwater Pond in a private community. The spacious top-floor home features two bedrooms and showcases exceptional character, with hardwood entry leading to a two-story foyer filled with natural light. Custom built-ins include two home offices and updated kitchen cabinetry. There are multiple versatile areas ideal for both relaxation and entertaining guests. Conveniently positioned minutes from the Merrimack Valley Golf Course, the Massachusetts border, and within easy reach of Salems amenities, shopping, and dining options, this residence provides a refined living experience. Discover your new home in this tranquil and distinguished setting. Make your appointment today! Open House-Sunday, Dec 7th from 1-3 pm.

Neighborhood Data

Neighborhood data shown for ZIP Code: 03079, Salem, NH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,720 (100%)
Owner Occupied HU	9,543 (69.6%)
Renter Occupied HU	3,512 (25.6%)
Vacant Housing Units	665 ( 4.8%)
Median Home Value	$555,186
Average Home Value	$577,277