2 Bell StreetGorhamNH03581
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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 Gorham at 2 Bell Street, Gorham, NH, 03581 with 5% annual appreciation on a $215,000 basis while $1,811/mo rent supports operations. Total monthly income totals $1,811/mo and a $1,052/mo payment preserves $370/mo for cash returns. Annual cash flow comes to $4,442/yr on $71,273 deployed, and return on cash invested reaches 26.14% in year one. Equity gained on principal adds $1,387/yr, and five-year appreciation sums $59,401 alongside rental yield of 10.11%. Five-year ROI measures 136.99% and total cumulative return in cash totals $97,633.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,811/mo property income versus a $1,052/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1930
6,970 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03581, Gorham, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,723 (100%) |
| Owner Occupied HU | 1,084 (62.9%) |
| Renter Occupied HU | 396 (23.0%) |
| Vacant Housing Units | 243 (14.1%) |
| Median Home Value | $215,217 |
| Average Home Value | $235,574 |
Housing Distribution
Address Breakdown
Residential
1,468
Single Family
1,406
Multi-Family
62
Businesses
201
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Listed by: Cassie M Lambertson • RE/MAX Northern Edge Realty LLC
Mls Name: PrimeMLS
Mls ID: #5072376