20 Melody LanePelhamNH03076
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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 Pelham at 20 Melody Lane, Pelham, NH, 03076 priced at $599,000 pairs $4,112/mo rent with $97/mo cash flow after a $2,932/mo payment. Total monthly income equals $4,112/mo, and annual cash flow comes to $1,162/yr on $197,071 invested. Return on cash invested is 20.65% in year one, and rental yield stands at 8.24% on a $599,000 basis. Equity gained on principal adds $3,865/yr, and 5% annual appreciation accumulates to $165,493 by year five. Five-year ROI measures 107.46% and total cumulative return in cash reaches $211,774. For financing, Ziffy Mortgage’s DSCR program evaluates $4,112/mo property income against a $2,932/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1963
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03076, Pelham, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,458 (100%) |
| Owner Occupied HU | 4,647 (85.1%) |
| Renter Occupied HU | 641 (11.7%) |
| Vacant Housing Units | 170 ( 3.1%) |
| Median Home Value | $560,686 |
| Average Home Value | $587,947 |
Housing Distribution
Address Breakdown
Residential
5,182
Single Family
5,004
Multi-Family
178
Businesses
377
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Listed by: Jason Saphire • www.HomeZu.com
Mls Name: PrimeMLS
Mls ID: #5062228