157 Summer StreetMilfordNH03055
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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
Rental property for sale in Milford at 157 Summer Street, Milford, NH, 03055 generates $3,073/mo in rent and, after a $1,659/mo payment, leaves $801/mo in cash flow. Total monthly income is $3,073/mo, and annual cash flow is $9,612/yr on $112,379 invested. Return on cash invested sits at 28.46% in year one, and rental yield is 10.88% on a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation builds toward $93,659 over five years. Five-year ROI reaches 149.37% and total cumulative return in cash sums $167,860. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,073/mo property income rather than buyer’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03055, Milford, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,847 (100%) |
| Owner Occupied HU | 4,210 (61.5%) |
| Renter Occupied HU | 2,486 (36.3%) |
| Vacant Housing Units | 151 ( 2.2%) |
| Median Home Value | $446,232 |
| Average Home Value | $473,977 |
Housing Distribution
Address Breakdown
Residential
6,787
Single Family
5,178
Multi-Family
1,609
Businesses
625
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Listed by: Lisa M Gray • Lamacchia Realty, Inc.
Mls Name: PrimeMLS
Mls ID: #5051867