223 High StreetSomersworthNH03878
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 Somersworth at 223 High Street, Somersworth, NH, 03878 priced at $749,500 pairs $2,160/mo rent with after a $3,668/mo payment. Total monthly income equals $2,160/mo. Return on cash invested is 6.13% in year one, and rental yield stands at 3.46% on a $749,500 basis. Equity gained on principal adds $4,836/yr, and 5% annual appreciation accumulates to $207,073 by year five. Five-year ROI measures 29.58% and total cumulative return in cash reaches $72,941. For financing, Ziffy Mortgage’s DSCR program evaluates $2,160/mo property income against a $3,668/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1870
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03878, Somersworth, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,581 (100%) |
| Owner Occupied HU | 3,103 (55.6%) |
| Renter Occupied HU | 2,243 (40.2%) |
| Vacant Housing Units | 235 ( 4.2%) |
| Median Home Value | $342,170 |
| Average Home Value | $333,167 |
Housing Distribution
Address Breakdown
Residential
5,516
Single Family
4,614
Multi-Family
902
Businesses
419
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Listed by: Michael Whitney • KW Coastal and Lakes & Mountains Realty
Mls Name: PrimeMLS
Mls ID: #5072024