132 Stevens RoadCanaanNH03741
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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
Investment Highlights
Rental property for sale in Canaan at 132 Stevens Road, Canaan, NH, 03741 priced at $375,000 converts $2,541/mo rent into $28/mo cash flow after a $1,835/mo obligation. Total monthly income equals $2,541/mo, and annual cash flow totals $334/yr on $124,313 invested. Return on cash invested prints 20.18% in year one, and rental yield reads 8.13% against a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation compiles into $103,606 by year five. Five-year ROI reaches 104.95% and total cumulative return in cash sums $130,467. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,541/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Single Family
Built in 1920
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03741, Canaan, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,146 (100%) |
| Owner Occupied HU | 1,431 (66.7%) |
| Renter Occupied HU | 363 (16.9%) |
| Vacant Housing Units | 352 (16.4%) |
| Median Home Value | $369,366 |
| Average Home Value | $402,998 |
Housing Distribution
Address Breakdown
Residential
1,693
Single Family
1,693
Multi-Family
0
Businesses
68
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Listed by: Leafie Casey Cantlin • Vanessa Stone Real Estate
Mls Name: PrimeMLS
Mls ID: #5067526