180 Spruce Street Unit EManchesterNH03103
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
Investment Highlights
Investment property for sale in Manchester at 180 Spruce Street Unit E, Manchester, NH, 03103 earns from $2,250/mo rent with a $1,664/mo payment. Total monthly income totals $2,250/mo. ROI tracks 19.6% on current figures, and rental yield reads 7.94% at a $340,000 purchase. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,936 over five years. Five-year ROI reaches 101.91% and total cumulative return in cash sums $114,858. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,250/mo property income instead of your personal income.
Townhouse
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03103, Manchester, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,484 (100%) |
| Owner Occupied HU | 7,310 (44.3%) |
| Renter Occupied HU | 8,584 (52.1%) |
| Vacant Housing Units | 590 ( 3.6%) |
| Median Home Value | $386,553 |
| Average Home Value | $413,156 |
Housing Distribution
Address Breakdown
Residential
15,186
Single Family
13,315
Multi-Family
1,871
Businesses
1,320
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Junu Kadariya • BHHS Verani Concord
Mls Name: PrimeMLS
Mls ID: #5059673