16 Vista Ridge Drive #227LondonderryNH03053
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 16 Vista Ridge Drive #227, Londonderry, NH, 03053 in Londonderry. Priced at $319,000, it generates $3,090/mo in gross rent and $952/mo in net monthly cash flow, a 11.62% yield that comfortably supports the 2.15 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $11,421. Five-year appreciation: $88,134. Equity from principal paydown: $2,938/yr. Total projected cumulative return: $182,991.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 5.2% |
| Monthly Cash Flow | $952 | $450 |
City averages based on Londonderry market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,090 |
| Total Monthly Debt Service | $2,011 |
| DSCR Ratio | 1.54x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03053, Londonderry, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,495 (100%) |
| Owner Occupied HU | 8,550 (81.5%) |
| Renter Occupied HU | 1,717 (16.4%) |
| Vacant Housing Units | 228 ( 2.2%) |
| Median Home Value | $561,735 |
| Average Home Value | $571,522 |
Housing Distribution
Address Breakdown
Residential
10,220
Single Family
8,485
Multi-Family
1,735
Businesses
1,072
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
Condo
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03053, Londonderry, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,495 (100%) |
| Owner Occupied HU | 8,550 (81.5%) |
| Renter Occupied HU | 1,717 (16.4%) |
| Vacant Housing Units | 228 ( 2.2%) |
| Median Home Value | $561,735 |
| Average Home Value | $571,522 |
Housing Distribution
Address Breakdown
Residential
10,220
Single Family
8,485
Multi-Family
1,735
Businesses
1,072
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: PrimeMLS
Mls ID: #5083894