14 Independence DriveDoverNH03820
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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 Dover at 14 Independence Drive, Dover, NH, 03820 priced at $300,000 pairs $2,962/mo rent with $952/mo cash flow after a $1,468/mo payment. Total monthly income equals $2,962/mo, and annual cash flow comes to $11,418/yr on $99,450 invested. Return on cash invested is 31.39% in year one, and rental yield stands at 11.85% on a $300,000 basis. Equity gained on principal adds $1,936/yr, and 5% annual appreciation accumulates to $82,884 by year five. Five-year ROI measures 165.1% and total cumulative return in cash reaches $164,196. For financing, Ziffy Mortgage’s DSCR program evaluates $2,962/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03820, Dover, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,942 (100%) |
| Owner Occupied HU | 7,947 (49.8%) |
| Renter Occupied HU | 7,317 (45.9%) |
| Vacant Housing Units | 678 ( 4.3%) |
| Median Home Value | $496,451 |
| Average Home Value | $516,612 |
Housing Distribution
Address Breakdown
Residential
15,528
Single Family
12,270
Multi-Family
3,258
Businesses
1,181
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Listed by: Donna Faucette • EXP Realty
Mls Name: PrimeMLS
Mls ID: #5063894