23 Columbia DriveNewmarketNH03857
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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 Newmarket at 23 Columbia Drive, Newmarket, NH, 03857 earns $161/mo cash flow from $1,032/mo rent with a $636/mo payment. Total monthly income totals $1,032/mo, and annual cash flow totals $1,931/yr on $43,095 capital. ROI tracks 24.39% on current figures, and rental yield reads 9.53% at a $129,999 purchase. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,916 over five years. Five-year ROI reaches 127.54% and total cumulative return in cash sums $54,962. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,032/mo property income instead of your personal income.
Manufactured
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03857, Newmarket, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,437 (100%) |
| Owner Occupied HU | 2,367 (53.3%) |
| Renter Occupied HU | 1,953 (44.0%) |
| Vacant Housing Units | 117 ( 2.6%) |
| Median Home Value | $487,062 |
| Average Home Value | $516,851 |
Housing Distribution
Address Breakdown
Residential
4,519
Single Family
3,338
Multi-Family
1,181
Businesses
236
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Listed by: Jaylan Archer • KW Coastal and Lakes & Mountains Realty
Mls Name: PrimeMLS
Mls ID: #5068907