22 Cove StreetGoffstownNH03045
Nearby investment properties with comparable rents
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 Goffstown at 22 Cove Street, Goffstown, NH, 03045 priced at $460,000 converts $3,882/mo rent into $799/mo cash flow after a $2,251/mo obligation. Total monthly income equals $3,882/mo, and annual cash flow totals $9,590/yr on $152,490 invested. Return on cash invested prints 26.2% in year one, and rental yield reads 10.13% against a $460,000 entry. Equity gained on principal adds $2,968/yr, while 5% annual appreciation compiles into $127,090 by year five. Five-year ROI reaches 137.26% and total cumulative return in cash sums $209,305. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,882/mo property income covering a $2,251/mo payment, not borrower’s personal income.
Single Family
Built in 2009
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03045, Goffstown, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,581 (100%) |
| Owner Occupied HU | 4,594 (82.3%) |
| Renter Occupied HU | 859 (15.4%) |
| Vacant Housing Units | 128 ( 2.3%) |
| Median Home Value | $456,099 |
| Average Home Value | $498,772 |
Housing Distribution
Address Breakdown
Residential
5,430
Single Family
4,656
Multi-Family
774
Businesses
335
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sarah Tollefsen • LAER Realty Partners/Goffstown
Mls Name: PrimeMLS
Mls ID: #5052120