171 OLD BAY RoadNew DurhamNH03855
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
Rental property for sale in New Durham at 171 OLD BAY Road, New Durham, NH, 03855 offers $3,014/mo rent that, after a $3,108/mo payment. Total monthly income is $3,014/mo. Return on cash invested measures 12.92% in year one, and rental yield stands at 5.7% at a $635,000 entry. Equity gained on principal adds $4,098/yr while 5% annual appreciation compounds into $175,439 by year five. Five-year ROI records 66.04% and total cumulative return in cash reaches $137,960. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,014/mo property income versus a $3,108/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
2.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03855, New Durham, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,692 (100%) |
| Owner Occupied HU | 1,068 (63.1%) |
| Renter Occupied HU | 104 ( 6.1%) |
| Vacant Housing Units | 520 (30.7%) |
| Median Home Value | $436,709 |
| Average Home Value | $481,152 |
Housing Distribution
Address Breakdown
Residential
1,208
Single Family
1,208
Multi-Family
0
Businesses
40
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jamieson Duston • Duston Leddy Real Estate
Mls Name: PrimeMLS
Mls ID: #5072968