216 Prospect StreetBerlinNH03570
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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 Berlin at 216 Prospect Street, Berlin, NH, 03570 with 5% annual appreciation on a $290,000 basis while $1,980/mo rent supports operations. Total monthly income totals $1,980/mo and a $1,419/mo payment preserves $37/mo for cash returns. Annual cash flow comes to $439/yr on $96,135 deployed, and return on cash invested reaches 20.37% in year one. Equity gained on principal adds $1,871/yr, and five-year appreciation sums $80,122 alongside rental yield of 8.19%. Five-year ROI measures 105.97% and total cumulative return in cash totals $101,872.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,980/mo property income versus a $1,419/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1907
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03570, Berlin, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,818 (100%) |
| Owner Occupied HU | 2,555 (53.0%) |
| Renter Occupied HU | 1,542 (32.0%) |
| Vacant Housing Units | 721 (15.0%) |
| Median Home Value | $110,871 |
| Average Home Value | $154,447 |
Housing Distribution
Address Breakdown
Residential
4,379
Single Family
4,273
Multi-Family
106
Businesses
303
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Listed by: Don Lapointe • Badger Peabody & Smith Realty
Mls Name: PrimeMLS
Mls ID: #5048016