14 Northbrook Drive #1408ManchesterNH03102
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
Investment Highlights
Investment property for sale in Manchester at 14 Northbrook Drive #1408, Manchester, NH, 03102 listed at $219,500 pairs $1,974/mo rent with a $1,074/mo payment to leave $503/mo cash flow. Total monthly income runs $1,974/mo, and annual cash flow reaches $6,037/yr on $72,764 cash to close. Return on cash invested measures 28.21% in year one, and rental yield registers 10.79% at a $219,500 basis. Equity gained on principal adds $1,416/yr, and annual property appreciation at 5% supports $60,644 by year five. Five-year ROI tracks 148.08% and total cumulative return in cash totals $107,746. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,974/mo property income relative to a $1,074/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03102, Manchester, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,231 (100%) |
| Owner Occupied HU | 5,603 (36.8%) |
| Renter Occupied HU | 9,075 (59.6%) |
| Vacant Housing Units | 553 ( 3.6%) |
| Median Home Value | $364,554 |
| Average Home Value | $399,877 |
Housing Distribution
Address Breakdown
Residential
14,680
Single Family
9,889
Multi-Family
4,791
Businesses
521
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tom Bester • Central Realty
Mls Name: PrimeMLS
Mls ID: #5059992