16 Forrest StreetPlaistowNH03865
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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 Plaistow at 16 Forrest Street, Plaistow, NH, 03865 offers $3,301/mo rent that, after a $2,203/mo payment, leaves $284/mo cash flow. Total monthly income is $3,301/mo, and annual cash flow is $3,411/yr on $149,175 cash. Return on cash invested measures 22.2% in year one, and rental yield stands at 8.8% at a $450,000 entry. Equity gained on principal adds $2,904/yr while 5% annual appreciation compounds into $124,327 by year five. Five-year ROI records 115.8% and total cumulative return in cash reaches $172,746. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,301/mo property income versus a $2,203/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
2.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03865, Plaistow, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,237 (100%) |
| Owner Occupied HU | 2,560 (79.1%) |
| Renter Occupied HU | 611 (18.9%) |
| Vacant Housing Units | 66 ( 2.0%) |
| Median Home Value | $528,659 |
| Average Home Value | $528,206 |
Housing Distribution
Address Breakdown
Residential
3,077
Single Family
2,981
Multi-Family
96
Businesses
510
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Listed by: Staci Loeffler • Keller Williams Realty Metro-Londonderry
Mls Name: PrimeMLS
Mls ID: #5060199