2136 Ocean Boulevard, Rye, NH, 03870 | 2.95% Rental Yield

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2136 Ocean Boulevard, Rye, NH, 03870 | 2.95% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Rye at 2136 Ocean Boulevard, Rye, NH, 03870 offers a 2.95% rental yield on a $1,795,000 purchase with $4,418/mo rent. 66% in year one. Equity gained on principal adds $11,583/yr while 5% annual appreciation supports $495,925 over five years. Portfolio math shows five-year ROI at 21.67% and total cumulative return in cash at $126,001. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,418/mo property income against a $8,786/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1950

6,970 sqft lot

$N/A/sqft

No HOA

More details about the property

Charming cape on the south side of Ocean Boulevard. An easy short walk to the access trails of Jenness beach, one of the premier soft sand beaches of Rye. This area has been a summer and year-round favorite for generations of local and seasonal residents. Now its time for your next generation to enjoy and make lifelong friends. Your family and friends will feel so welcomed by the wrap-around porch where you can enjoy company and watching the passers-by on Ocean Boulevard, while enjoying the ambiance of beach life. This 1950 Cape was completely renovated in 2002, with a new foundation that safely supports this home no matter what exciting events our coastal weather brings us. The open concept kitchen with center island looks into the dining room in the front and a casual family area off to the side with separate access to the wrap-around porch from each. Great for an easy flow of guests of any sized gathering. The first floor has a bath with shower and a private living room/den/office, that could make a convenient first floor bedroom. The laundry room on the first floor could be used as office space, bedroom or a changing room for those sandy returns from the beach- after using the outdoor shower of course. Upstairs is the primary bedroom with a well-organized walk-in closet, and your own private deck with ocean views! Full bath and 2 additional guest rooms allow plenty of sleeping space.

Neighborhood Data

Neighborhood data shown for ZIP Code: 03870, Rye, NH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,881 (100%)
Owner Occupied HU	1,946 (67.5%)
Renter Occupied HU	412 (14.3%)
Vacant Housing Units	523 (18.2%)
Median Home Value	$986,577
Average Home Value	$1,155,040