18 Harbor Avenue #410NashuaNH03060
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 18 Harbor Avenue #410, Nashua, NH, 03060 in Nashua: $2,460/mo in rent, $516/mo net, 10.18% gross yield, all on a $289,999 acquisition. The 1.89 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $80,121 in value, and $2,671/yr in principal paydown steadily builds equity. Projected total cumulative return: $143,840.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 5.8% |
| Monthly Cash Flow | $516 | $285 |
City averages based on Nashua market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,460 |
| Total Monthly Debt Service | $1,828 |
| DSCR Ratio | 1.35x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03060, Nashua, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,178 (100%) |
| Owner Occupied HU | 4,893 (34.5%) |
| Renter Occupied HU | 8,722 (61.5%) |
| Vacant Housing Units | 563 ( 4.0%) |
| Median Home Value | $404,772 |
| Average Home Value | $408,746 |
Housing Distribution
Address Breakdown
Residential
13,431
Single Family
9,335
Multi-Family
4,096
Businesses
1,708
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
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03060, Nashua, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,178 (100%) |
| Owner Occupied HU | 4,893 (34.5%) |
| Renter Occupied HU | 8,722 (61.5%) |
| Vacant Housing Units | 563 ( 4.0%) |
| Median Home Value | $404,772 |
| Average Home Value | $408,746 |
Housing Distribution
Address Breakdown
Residential
13,431
Single Family
9,335
Multi-Family
4,096
Businesses
1,708
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: PrimeMLS
Mls ID: #5085015