16 Laurel CourtNashuaNH03062
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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 Nashua at 16 Laurel Court, Nashua, NH, 03062 priced at $570,000 converts $4,238/mo rent into $417/mo cash flow after a $2,790/mo obligation. Total monthly income equals $4,238/mo, and annual cash flow totals $5,007/yr on $187,530 invested. Return on cash invested prints 22.73% in year one, and rental yield reads 8.92% against a $570,000 entry. Equity gained on principal adds $3,678/yr, while 5% annual appreciation compiles into $157,480 by year five. Five-year ROI reaches 118.63% and total cumulative return in cash sums $222,469. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,238/mo property income covering a $2,790/mo payment, not borrower’s personal income.
Townhouse
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03062, Nashua, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,354 (100%) |
| Owner Occupied HU | 8,454 (68.4%) |
| Renter Occupied HU | 3,732 (30.2%) |
| Vacant Housing Units | 168 ( 1.4%) |
| Median Home Value | $467,670 |
| Average Home Value | $491,020 |
Housing Distribution
Address Breakdown
Residential
12,104
Single Family
8,775
Multi-Family
3,329
Businesses
438
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Listed by: Kyle Kopaczynski • Keller Williams Realty-Metropolitan
Mls Name: PrimeMLS
Mls ID: #5069970