22 Fairfield DriveConcordNH03301
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 Concord at 22 Fairfield Drive, Concord, NH, 03301 priced at $150,000 converts $1,164/mo rent into $159/mo cash flow after a $734/mo obligation. Total monthly income equals $1,164/mo, and annual cash flow totals $1,905/yr on $49,725 invested. Return on cash invested prints 23.74% in year one, and rental yield reads 9.31% against a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation compiles into $41,442 by year five. Five-year ROI reaches 124.1% and total cumulative return in cash sums $61,710. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,164/mo property income covering a $734/mo payment, not borrower’s personal income.
Manufactured
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03301, Concord, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,779 (100%) |
| Owner Occupied HU | 7,126 (48.2%) |
| Renter Occupied HU | 6,953 (47.0%) |
| Vacant Housing Units | 700 ( 4.7%) |
| Median Home Value | $392,897 |
| Average Home Value | $415,559 |
Housing Distribution
Address Breakdown
Residential
13,751
Single Family
11,157
Multi-Family
2,594
Businesses
2,101
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kris LaBrake • Keller Williams Realty Metro-Concord
Mls Name: PrimeMLS
Mls ID: #5072816