133 Corning RoadManchesterNH03109
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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 Manchester at 133 Corning Road, Manchester, NH, 03109 offers $3,970/mo rent that, after a $2,570/mo payment, leaves $451/mo cash flow. Total monthly income is $3,970/mo, and annual cash flow is $5,407/yr on $172,725 cash. Return on cash invested measures 23.19% in year one, and rental yield stands at 9.07% at a $525,000 entry. Equity gained on principal adds $3,388/yr while 5% annual appreciation compounds into $145,048 by year five. Five-year ROI records 121.1% and total cumulative return in cash reaches $209,169. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,970/mo property income versus a $2,570/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1921
3.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03109, Manchester, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,397 (100%) |
| Owner Occupied HU | 3,255 (74.0%) |
| Renter Occupied HU | 1,093 (24.9%) |
| Vacant Housing Units | 49 ( 1.1%) |
| Median Home Value | $412,408 |
| Average Home Value | $417,365 |
Housing Distribution
Address Breakdown
Residential
4,623
Single Family
3,798
Multi-Family
825
Businesses
352
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Listed by: Joseph Daigle • Joe Daigle Realty, LLC
Mls Name: PrimeMLS
Mls ID: #5068494