20 Lil Nor AvenueSomersworthNH03878
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
Rental property for sale in Somersworth at 20 Lil Nor Avenue, Somersworth, NH, 03878 priced at $399,900 converts $2,880/mo rent into $200/mo cash flow after a $1,957/mo obligation. Total monthly income equals $2,880/mo, and annual cash flow totals $2,398/yr on $132,567 invested. Return on cash invested prints 21.72% in year one, and rental yield reads 8.64% against a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation compiles into $110,485 by year five. Five-year ROI reaches 113.21% and total cumulative return in cash sums $150,080. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,880/mo property income covering a $1,957/mo payment, not borrower’s personal income.
Single Family
Built in 1957
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03878, Somersworth, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,581 (100%) |
| Owner Occupied HU | 3,103 (55.6%) |
| Renter Occupied HU | 2,243 (40.2%) |
| Vacant Housing Units | 235 ( 4.2%) |
| Median Home Value | $342,170 |
| Average Home Value | $333,167 |
Housing Distribution
Address Breakdown
Residential
5,516
Single Family
4,614
Multi-Family
902
Businesses
419
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lynne Gauthier • BHG Masiello Dover
Mls Name: PrimeMLS
Mls ID: #5071637