17 Pingree Hill Road #RDerryNH03038
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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
Investment property for sale in Derry at 17 Pingree Hill Road #R, Derry, NH, 03038 uses $129,285 cash to close to unlock $357/yr annual cash flow and $30/mo monthly cash flow. Total monthly income runs $2,644/mo, and a $1,909/mo payment keeps the spread at $30/mo. Purchase price stands at $390,000, and rental yield measures 8.14% with $2,644/mo rent. Return on cash invested shows 20.19% in year one, and 5% annual appreciation builds toward $107,750 over five years. Five-year ROI reaches 104.99% and total cumulative return in cash records $135,740. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,644/mo property income covering a $1,909/mo payment rather than investor’s personal income.
Condo
Built in 1985
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03038, Derry, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,587 (100%) |
| Owner Occupied HU | 9,531 (65.3%) |
| Renter Occupied HU | 4,609 (31.6%) |
| Vacant Housing Units | 447 ( 3.1%) |
| Median Home Value | $482,768 |
| Average Home Value | $548,921 |
Housing Distribution
Address Breakdown
Residential
13,786
Single Family
10,398
Multi-Family
3,388
Businesses
871
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Listed by: Bernadette Foster • Silver Key Homes Realty
Mls Name: PrimeMLS
Mls ID: #5067127