177 Main Street #3NewmarketNH03857
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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 Newmarket at 177 Main Street #3, Newmarket, NH, 03857 offers a 7.4% rental yield on a $369,000 purchase with $2,274/mo rent. 95% in year one. Equity gained on principal adds $2,381/yr while 5% annual appreciation supports $101,948 over five years. Portfolio math shows five-year ROI at 93.03% and total cumulative return in cash at $113,799. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,274/mo property income against a $1,806/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03857, Newmarket, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,437 (100%) |
| Owner Occupied HU | 2,367 (53.3%) |
| Renter Occupied HU | 1,953 (44.0%) |
| Vacant Housing Units | 117 ( 2.6%) |
| Median Home Value | $487,062 |
| Average Home Value | $516,851 |
Housing Distribution
Address Breakdown
Residential
4,519
Single Family
3,338
Multi-Family
1,181
Businesses
236
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Listed by: Alicia Goodwin • KW Coastal and Lakes & Mountains Realty
Mls Name: PrimeMLS
Mls ID: #5074703