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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Gorham at 13 2nd Street, Gorham, NH, 03581 listed at $199,000 pairs $1,680/mo rent with a $974/mo payment to leave $346/mo cash flow. Total monthly income runs $1,680/mo, and annual cash flow reaches $4,154/yr on $65,969 cash to close. Return on cash invested measures 26.21% in year one, and rental yield registers 10.13% at a $199,000 basis. Equity gained on principal adds $1,284/yr, and annual property appreciation at 5% supports $54,980 by year five. Five-year ROI tracks 137.37% and total cumulative return in cash totals $90,618. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,680/mo property income relative to a $974/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 03581, Gorham, NH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,723 (100%) |
| Owner Occupied HU | 1,084 (62.9%) |
| Renter Occupied HU | 396 (23.0%) |
| Vacant Housing Units | 243 (14.1%) |
| Median Home Value | $215,217 |
| Average Home Value | $235,574 |
Residential
1,468
Single Family
1,406
Multi-Family
62
Businesses
201
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Debi Davis • RE/MAX Northern Edge Realty LLC
Mls Name: PrimeMLS
Mls ID: #5055294
