120 Elm StreetMiltonNH03851
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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 Milton at 120 Elm Street, Milton, NH, 03851 offers $2,678/mo rent that, after a $2,006/mo payment. Total monthly income is $2,678/mo. Return on cash invested measures 19.3% in year one, and rental yield stands at 7.84% at a $409,900 entry. Equity gained on principal adds $2,645/yr while 5% annual appreciation compounds into $113,248 by year five. Five-year ROI records 100.24% and total cumulative return in cash reaches $136,204. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,678/mo property income versus a $2,006/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
2.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03851, Milton, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,996 (100%) |
| Owner Occupied HU | 1,397 (70.0%) |
| Renter Occupied HU | 302 (15.1%) |
| Vacant Housing Units | 297 (14.9%) |
| Median Home Value | $371,478 |
| Average Home Value | $410,592 |
Housing Distribution
Address Breakdown
Residential
1,379
Single Family
1,259
Multi-Family
120
Businesses
79
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Nearby investment properties with comparable prices
Listed by: Diane Darling • Coldwell Banker Realty - Portsmouth, NH
Mls Name: PrimeMLS
Mls ID: #5061606