133 Corning RoadManchesterNH03109
INVESTMENT ANALYSIS
Investment Verdict
Solid Income133 Corning Road, Manchester, NH, 03109 in Manchester is a solid income-producing rental, 9.07% gross yield, $3,970/mo rent, $451/mo net cash flow on a $525,000 buy. DSCR 1.68 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $145,048 and $4,835/yr in principal reduction project a total cumulative return of $229,276.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 8.0% |
| Monthly Cash Flow | $451 | $600 |
City averages based on Manchester market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,970 |
| Total Monthly Debt Service | $3,310 |
| DSCR Ratio | 1.20x |
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 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
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 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joseph Daigle • Joe Daigle Realty, LLC
Mls Name: PrimeMLS
Mls ID: #5068494