140 Elgin Avenue, Manchester, NH, 03104 | $774/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Manchester at 140 Elgin Avenue, Manchester, NH, 03104 offers $3,757/mo rent that, after a $2,178/mo payment, leaves $774/mo cash flow. Total monthly income is $3,757/mo, and annual cash flow is $9,291/yr on $147,518 cash. Return on cash invested measures 26.21% in year one, and rental yield stands at 10.13% at a $445,000 entry. Equity gained on principal adds $2,872/yr while 5% annual appreciation compounds into $122,945 by year five. Five-year ROI records 137.3% and total cumulative return in cash reaches $202,544. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,757/mo property income versus a $2,178/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1952

6,534 sqft lot

$N/A/sqft

No HOA