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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Dover at 16 Morgan Way, Dover, NH, 03820 offers $1,708/mo rent that, after a $1,194/mo payment. Total monthly income is $1,708/mo. Return on cash invested measures 18.39% in year one, and rental yield stands at 8.4% at a $243,999 entry. Equity gained on principal adds $1,574/yr while 5% annual appreciation compounds into $67,412 by year five. Five-year ROI records 96.34% and total cumulative return in cash reaches $77,926. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,708/mo property income versus a $1,194/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1990
0.38 Acres lot
$N/A/sqft
$175 monthly HOA
Neighborhood data shown for ZIP Code: 03820, Dover, NH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,942 (100%) |
| Owner Occupied HU | 7,947 (49.8%) |
| Renter Occupied HU | 7,317 (45.9%) |
| Vacant Housing Units | 678 ( 4.3%) |
| Median Home Value | $496,451 |
| Average Home Value | $516,612 |
Residential
15,528
Single Family
12,270
Multi-Family
3,258
Businesses
1,181
Date | Event | Price |
|---|---|---|
| 2025-03-31 | Listed for sale | $243,999 |
| 2022-10-28 | Sold | $215,000 |
| 2022-09-21 | Contingent | $209,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-09 | $3362.00 | -0.44% | $179,800 | 5.64% |
| 2022-04-09 | $3377.00 | 3.34% | $170,200 | 13.01% |
| 2021-04-09 | $3268.00 | -2.51% | $150,600 | 11.64% |
Listed by: Lori Lacey • Lamacchia Realty, Inc.
Mls Name: PrimeMLS
Mls Provider:
Mls ID: #5034136
Disclaimer: Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2025-04-09 11:49:28 PDT. This display of listings may or may not be the entire Compilation from the PrimeMLS database, and PrimeMLS does not guarantee the accuracy of such information.
