2 Third StreetBelmontNH03220
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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 Belmont at 2 Third Street, Belmont, NH, 03220 offers a 8.98% rental yield on a $339,900 purchase with $2,545/mo rent. Total monthly income registers $2,545/mo, and a $1,664/mo payment leaves $266/mo available for distribution. Annual cash flow reaches $3,196/yr on $112,677 to close, and return on cash invested stands at 22.75% in year one. Equity gained on principal adds $2,193/yr while 5% annual appreciation supports $93,908 over five years. Portfolio math shows five-year ROI at 118.75% and total cumulative return in cash at $133,799. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,545/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03220, Belmont, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,973 (100%) |
| Owner Occupied HU | 2,572 (64.7%) |
| Renter Occupied HU | 714 (18.0%) |
| Vacant Housing Units | 687 (17.3%) |
| Median Home Value | $330,418 |
| Average Home Value | $362,935 |
Housing Distribution
Address Breakdown
Residential
2,978
Single Family
2,758
Multi-Family
220
Businesses
221
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Listed by: Ginger Gendron • BHHS Verani Realty Andover
Mls Name: PrimeMLS
Mls ID: #5046327