20 Richardson Drive #RDerryNH03038
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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 Derry at 20 Richardson Drive #R, Derry, NH, 03038 earns $651/mo cash flow from $3,540/mo rent with a $2,110/mo payment. Total monthly income totals $3,540/mo, and annual cash flow totals $7,807/yr on $142,876 capital. ROI tracks 25.37% on current figures, and rental yield reads 9.86% at a $430,999 purchase. Equity gained on principal adds $2,781/yr, and 5% annual appreciation supports $119,077 over five years. Five-year ROI reaches 132.82% and total cumulative return in cash sums $189,772. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,540/mo property income instead of your personal income.
Condo
Built in 1986
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03038, Derry, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,587 (100%) |
| Owner Occupied HU | 9,531 (65.3%) |
| Renter Occupied HU | 4,609 (31.6%) |
| Vacant Housing Units | 447 ( 3.1%) |
| Median Home Value | $482,768 |
| Average Home Value | $548,921 |
Housing Distribution
Address Breakdown
Residential
13,786
Single Family
10,398
Multi-Family
3,388
Businesses
871
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Listed by: Charlotte A Marrocco-Mohler • BHHS Verani Nashua
Mls Name: PrimeMLS
Mls ID: #5058975