17 Garrison RoadSalemNH03079
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
Investment property for sale in Salem at 17 Garrison Road, Salem, NH, 03079 earns $657/mo cash flow from $4,511/mo rent with a $2,814/mo payment. Total monthly income totals $4,511/mo, and annual cash flow totals $7,889/yr on $189,142 capital. ROI tracks 24.23% on current figures, and rental yield reads 9.42% at a $574,900 purchase. Equity gained on principal adds $3,710/yr, and 5% annual appreciation supports $158,834 over five years. Five-year ROI reaches 126.67% and total cumulative return in cash sums $239,583. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,511/mo property income instead of your personal income.
Single Family
Built in 1972
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03079, Salem, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,720 (100%) |
| Owner Occupied HU | 9,543 (69.6%) |
| Renter Occupied HU | 3,512 (25.6%) |
| Vacant Housing Units | 665 ( 4.8%) |
| Median Home Value | $555,186 |
| Average Home Value | $577,277 |
Housing Distribution
Address Breakdown
Residential
13,257
Single Family
10,248
Multi-Family
3,009
Businesses
1,816
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kim Spanos • Re/Max Innovative Properties - Windham
Mls Name: PrimeMLS
Mls ID: #5072242