21 Pinette RoadErrolNH03579
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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
Rental property for sale in Errol at 21 Pinette Road, Errol, NH, 03579 generates $1,736/mo in rent, after a $1,444/mo payment. Total monthly income is $1,736/mo. Return on cash invested sits at 16.95% in year one, and rental yield is 7.06% on a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 87.65% and total cumulative return in cash sums $85,718. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,736/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03579, Errol, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 624 (100%) |
| Owner Occupied HU | 172 (27.6%) |
| Renter Occupied HU | 29 ( 4.6%) |
| Vacant Housing Units | 423 (67.8%) |
| Median Home Value | $355,556 |
| Average Home Value | $400,640 |
Housing Distribution
Address Breakdown
Residential
66
Single Family
66
Multi-Family
0
Businesses
34
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Listed by: Jennifer Stewart • RE/MAX Northern Edge Realty LLC
Mls Name: PrimeMLS
Mls ID: #5071337