166 Cannongate Iii RdNashuaNH03063
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 166 Cannongate Iii Rd, Nashua, NH, 03063 in Nashua. Priced at $322,900, it generates $3,114/mo in gross rent and $575/mo in net monthly cash flow, a 11.57% yield that comfortably supports the 2.14 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $6,896. Five-year appreciation: $89,211. Equity from principal paydown: $2,974/yr. Total projected cumulative return: $161,820.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 5.8% |
| Monthly Cash Flow | $575 | $285 |
City averages based on Nashua market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,114 |
| Total Monthly Debt Service | $2,411 |
| DSCR Ratio | 1.29x |
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 1979
N/A lot
$N/A/sqft
$375 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03063, Nashua, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,278 (100%) |
| Owner Occupied HU | 4,588 (63.0%) |
| Renter Occupied HU | 2,570 (35.3%) |
| Vacant Housing Units | 120 ( 1.6%) |
| Median Home Value | $468,195 |
| Average Home Value | $505,530 |
Housing Distribution
Address Breakdown
Residential
7,221
Single Family
5,063
Multi-Family
2,158
Businesses
936
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 1979
N/A lot
$N/A/sqft
$375 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03063, Nashua, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,278 (100%) |
| Owner Occupied HU | 4,588 (63.0%) |
| Renter Occupied HU | 2,570 (35.3%) |
| Vacant Housing Units | 120 ( 1.6%) |
| Median Home Value | $468,195 |
| Average Home Value | $505,530 |
Housing Distribution
Address Breakdown
Residential
7,221
Single Family
5,063
Multi-Family
2,158
Businesses
936
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A