23 Colonial VillageSomersworthNH03878
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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
Rental property for sale in Somersworth at 23 Colonial Village, Somersworth, NH, 03878 priced at $115,000 pairs $887/mo rent with $116/mo cash flow after a $563/mo payment. Total monthly income equals $887/mo, and annual cash flow comes to $1,392/yr on $38,123 invested. Return on cash invested is 23.56% in year one, and rental yield stands at 9.26% on a $115,000 basis. Equity gained on principal adds $742/yr, and 5% annual appreciation accumulates to $31,772 by year five. Five-year ROI measures 123.23% and total cumulative return in cash reaches $46,977. For financing, Ziffy Mortgage’s DSCR program evaluates $887/mo property income against a $563/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1983
N/A 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: The Zoeller Group • KW Coastal and Lakes & Mountains Realty/Rochester
Mls Name: PrimeMLS
Mls ID: #5059741