16 Village DriveMeredithNH03253
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Meredith at 16 Village Drive, Meredith, NH, 03253 priced at $379,000 pairs $2,858/mo rent with $318/mo cash flow after a $1,855/mo payment. Total monthly income equals $2,858/mo, and annual cash flow comes to $3,812/yr on $125,639 invested. Return on cash invested is 22.94% in year one, and rental yield stands at 9.05% on a $379,000 basis. Equity gained on principal adds $2,446/yr, and 5% annual appreciation accumulates to $104,711 by year five. Five-year ROI measures 119.8% and total cumulative return in cash reaches $150,515. For financing, Ziffy Mortgage’s DSCR program evaluates $2,858/mo property income against a $1,855/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03253, Meredith, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,928 (100%) |
| Owner Occupied HU | 2,377 (48.2%) |
| Renter Occupied HU | 710 (14.4%) |
| Vacant Housing Units | 1,841 (37.4%) |
| Median Home Value | $534,363 |
| Average Home Value | $686,528 |
Housing Distribution
Address Breakdown
Residential
3,261
Single Family
2,909
Multi-Family
352
Businesses
393
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Listed by: Brie Stephens • Compass New England, LLC
Mls Name: PrimeMLS
Mls ID: #5054031