22 Second StreetGorhamNH03581
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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 Gorham at 22 Second Street, Gorham, NH, 03581 earns from $1,817/mo rent with a $1,370/mo payment. Total monthly income totals $1,817/mo. ROI tracks 19.14% on current figures, and rental yield reads 7.79% at a $280,000 purchase. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,359 over five years. Five-year ROI reaches 99.41% and total cumulative return in cash sums $92,277. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,817/mo property income instead of your personal income.
Single Family
Built in 1955
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03581, Gorham, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,723 (100%) |
| Owner Occupied HU | 1,084 (62.9%) |
| Renter Occupied HU | 396 (23.0%) |
| Vacant Housing Units | 243 (14.1%) |
| Median Home Value | $215,217 |
| Average Home Value | $235,574 |
Housing Distribution
Address Breakdown
Residential
1,468
Single Family
1,406
Multi-Family
62
Businesses
201
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Listed by: Janet Nickerson • A House To Home Realty
Mls Name: PrimeMLS
Mls ID: #5047594