1799 Bodwell Road #14ManchesterNH03109
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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 1799 Bodwell Road #14, Manchester, NH, 03109 uses $64,643 cash to close to unlock $2,392/yr annual cash flow and $199/mo monthly cash flow. Total monthly income runs $1,506/mo, and a $954/mo payment keeps the spread at $199/mo. Purchase price stands at $195,000, and rental yield measures 9.27% with $1,506/mo rent. Return on cash invested shows 23.61% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 123.41% and total cumulative return in cash records $79,774. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,506/mo property income covering a $954/mo payment rather than investor’s personal income.
Condo
Built in 1986
N/A 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: Lisa Waller-Gage • Sky Realty
Mls Name: PrimeMLS
Mls ID: #5066465