157 Rumford StreetConcordNH03301
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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 Concord at 157 Rumford Street, Concord, NH, 03301 with 5% annual appreciation on a $495,000 basis while $3,616/mo rent supports operations. Total monthly income totals $3,616/mo and a $2,423/mo payment preserves $298/mo for cash returns. Annual cash flow comes to $3,574/yr on $164,093 deployed, and return on cash invested reaches 22.09% in year one. Equity gained on principal adds $3,194/yr, and five-year appreciation sums $136,759 alongside rental yield of 8.77%. Five-year ROI measures 115.19% and total cumulative return in cash totals $189,022.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,616/mo property income versus a $2,423/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1930
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03301, Concord, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,779 (100%) |
| Owner Occupied HU | 7,126 (48.2%) |
| Renter Occupied HU | 6,953 (47.0%) |
| Vacant Housing Units | 700 ( 4.7%) |
| Median Home Value | $392,897 |
| Average Home Value | $415,559 |
Housing Distribution
Address Breakdown
Residential
13,751
Single Family
11,157
Multi-Family
2,594
Businesses
2,101
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Listed by: Katie Oddy • Keller Williams Realty Metro-Concord
Mls Name: PrimeMLS
Mls ID: #5068434