13 2nd StreetGorhamNH03581
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 13 2nd Street, Gorham, NH, 03581 in Gorham. Priced at $175,000, it generates $1,680/mo in gross rent and $507/mo in net monthly cash flow, a 11.52% yield that comfortably supports the 2.13 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $6,084. Five-year appreciation: $48,349. Equity from principal paydown: $1,612/yr. Total projected cumulative return: $99,405.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 6.2% |
| Monthly Cash Flow | $507 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,680 |
| Total Monthly Debt Service | $1,103 |
| DSCR Ratio | 1.52x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1900
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03581, Gorham, NH area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
1,468
Single Family
1,406
Multi-Family
62
Businesses
201
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
Single Family
Built in 1900
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03581, Gorham, NH area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
1,468
Single Family
1,406
Multi-Family
62
Businesses
201
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Camille Craffey • Keller Williams Realty-Metropolitan
Mls Name: PrimeMLS
Mls ID: #5076111