15 Kelsey Drive, Durham, NH, 03824 | 4.16% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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15 Kelsey Drive, Durham, NH, 03824 | 4.16% Rental Yield | Ziffy

For Sale

Rental Income

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

Total monthly income runs $3,120/mo, and a $4,400/mo payment. Purchase price stands at $899,000, and rental yield measures 4.16% with $3,120/mo rent. Return on cash invested shows 8.27% in year one, and 5% annual appreciation builds toward $248,377 over five years. Five-year ROI reaches 41.08% and total cumulative return in cash records $121,510. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,120/mo property income covering a $4,400/mo payment rather than investor’s personal income.

Single Family

Built in 1987

3.49 Acres lot

$N/A/sqft

No HOA

More details about the property

Tucked away at the end of a quiet cul-de-sac on 3+ acres, 15 Kelsey offers the perfect blend of space, privacy & versatility. The main home features approximately 3,200 sq. ft. of finished living space with 3 bedrooms & 4 baths, while the attached single-level accessory apartment adds another 1,000 sq. ft. with 1 bedroom, 1 bath. Inside the main home, youll find a welcoming front-to-back living room with a gas fireplace & hardwood floors, a spacious eat-in kitchen adjacent to the formal dining room & a screened-in porchideal for enjoying summer evenings after a swim in the pool. This level also offers a large bonus/playroom, offering possibilities for recreation, hobbies, or a home office. On the 2nd floor there is the primary bedroom with attached bath, dedicated laundry room, 2 guest bedrooms plus a full bath. Plenty of storage and/or workshop area in the full basement. There is also a finished room with a bath. The private one-bedroom apartment boasts an open-concept kitchen/living area with vaulted ceilings, a generous bedroom, a full bath, laundry & screened porch. Perfect for extended family, guests, or potential rental income. Well-maintained & truly move-in ready, recent updates include a new main house heating system (2025) & roof replacement (2017). Inground pool, generator, irrigation & a 3 car garage with bonus space. This exceptional property combines multi-generational living potential in a neighborhood settingall within the coveted OR School District.

Neighborhood Data

Neighborhood data shown for ZIP Code: 03824, Durham, NH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,006 (100%)
Owner Occupied HU	2,024 (50.5%)
Renter Occupied HU	1,381 (34.5%)
Vacant Housing Units	601 (15.0%)
Median Home Value	$528,356
Average Home Value	$584,769