18-20 Elm StreetDerryNH03038
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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
Rental property for sale in Derry at 18-20 Elm Street, Derry, NH, 03038 generates $2,593/mo in rent and, after a $1,855/mo payment, leaves $53/mo in cash flow. Total monthly income is $2,593/mo, and annual cash flow is $632/yr on $125,639 invested. Return on cash invested sits at 20.41% in year one, and rental yield is 8.21% on a $379,000 entry. Equity gained on principal adds $2,446/yr, while 5% annual appreciation builds toward $104,711 over five years. Five-year ROI reaches 106.23% and total cumulative return in cash sums $133,463. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,593/mo property income rather than buyer’s personal income.
Multi Family
Built in 1840
6,970 sqft 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: Cathy Walsh • Coldwell Banker Realty Haverhill MA
Mls Name: PrimeMLS
Mls ID: #5072235