173 Portsmouth AvenueManchesterNH03109
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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 Manchester at 173 Portsmouth Avenue, Manchester, NH, 03109 with 5% annual appreciation on a $449,000 basis while $3,811/mo rent supports operations. Total monthly income totals $3,811/mo and a $2,198/mo payment preserves $801/mo for cash returns. Annual cash flow comes to $9,613/yr on $148,844 deployed, and return on cash invested reaches 26.37% in year one. Equity gained on principal adds $2,897/yr, and five-year appreciation sums $124,050 alongside rental yield of 10.19%. Five-year ROI measures 138.16% and total cumulative return in cash totals $205,648.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,811/mo property income versus a $2,198/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1927
6,970 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03109, Manchester, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,397 (100%) |
| Owner Occupied HU | 3,255 (74.0%) |
| Renter Occupied HU | 1,093 (24.9%) |
| Vacant Housing Units | 49 ( 1.1%) |
| Median Home Value | $412,408 |
| Average Home Value | $417,365 |
Housing Distribution
Address Breakdown
Residential
4,623
Single Family
3,798
Multi-Family
825
Businesses
352
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Listed by: Tanya Roux • EXP Realty
Mls Name: PrimeMLS
Mls ID: #5059842