19 Pine Grove RoadAlsteadNH03602
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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
Rental property for sale in Alstead at 19 Pine Grove Road, Alstead, NH, 03602 priced at $239,900 pairs $2,158/mo rent with $550/mo cash flow after a $1,174/mo payment. Total monthly income equals $2,158/mo, and annual cash flow comes to $6,602/yr on $79,527 invested. Return on cash invested is 28.21% in year one, and rental yield stands at 10.79% on a $239,900 basis. Equity gained on principal adds $1,548/yr, and 5% annual appreciation accumulates to $66,280 by year five. Five-year ROI measures 148.09% and total cumulative return in cash reaches $117,775. For financing, Ziffy Mortgage’s DSCR program evaluates $2,158/mo property income against a $1,174/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1980
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03602, Alstead, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,464 (100%) |
| Owner Occupied HU | 1,046 (71.4%) |
| Renter Occupied HU | 239 (16.3%) |
| Vacant Housing Units | 179 (12.2%) |
| Median Home Value | $355,556 |
| Average Home Value | $419,794 |
Housing Distribution
Address Breakdown
Residential
1,071
Single Family
1,051
Multi-Family
20
Businesses
67
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Listed by: Cynthia M Westover • Galloway Real Estate LLC
Mls Name: PrimeMLS
Mls ID: #5052430