15 Linwood AvenueSalemNH03079
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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
Investment property for sale in Salem at 15 Linwood Avenue, Salem, NH, 03079 at $579,000 posts ROI 2.04% with from $1,020/mo rent. Total monthly income equals $1,020/mo. Return on cash invested measures 2.04% and rental yield reads 2.11% at the current $579,000. Equity gained on principal adds $3,736/yr, and 5% annual appreciation supports $159,967 by year five. Five-year ROI prints 7.64% and total cumulative return in cash totals $14,563. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,020/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1958
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03079, Salem, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,720 (100%) |
| Owner Occupied HU | 9,543 (69.6%) |
| Renter Occupied HU | 3,512 (25.6%) |
| Vacant Housing Units | 665 ( 4.8%) |
| Median Home Value | $555,186 |
| Average Home Value | $577,277 |
Housing Distribution
Address Breakdown
Residential
13,257
Single Family
10,248
Multi-Family
3,009
Businesses
1,816
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Listed by: Minghua Li • Redfin Corporation
Mls Name: PrimeMLS
Mls ID: #5064710