162 Mill Pond Way #4PortsmouthNH03801
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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 Portsmouth at 162 Mill Pond Way #4, Portsmouth, NH, 03801 generates $5,402/mo in rent, after a $8,198/mo payment. Total monthly income is $5,402/mo. Return on cash invested sits at 7.49% in year one, and rental yield is 3.87% on a $1,675,000 entry. Equity gained on principal adds $10,809/yr, while 5% annual appreciation builds toward $462,772 over five years. Five-year ROI reaches 36.84% and total cumulative return in cash sums $199,938. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,402/mo property income rather than buyer’s personal income.
Condo
Built in 2009
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03801, Portsmouth, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,280 (100%) |
| Owner Occupied HU | 5,954 (48.5%) |
| Renter Occupied HU | 5,632 (45.9%) |
| Vacant Housing Units | 694 ( 5.7%) |
| Median Home Value | $709,364 |
| Average Home Value | $778,695 |
Housing Distribution
Address Breakdown
Residential
11,798
Single Family
8,732
Multi-Family
3,066
Businesses
2,488
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Listed by: Christopher Erikson • The Aland Realty Group
Mls Name: PrimeMLS
Mls ID: #5045868