23 Eden Lane #3PortsmouthNH03801
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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 Portsmouth at 23 Eden Lane #3, Portsmouth, NH, 03801 offers a 4.34% rental yield on a $1,016,400 purchase with $3,676/mo rent. 94% in year one. Equity gained on principal adds $6,559/yr while 5% annual appreciation supports $280,813 over five years. Portfolio math shows five-year ROI at 44.62% and total cumulative return in cash at $146,944. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,676/mo property income against a $4,975/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03801, Portsmouth, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,280 (100%) |
| Owner Occupied HU | 5,954 (48.5%) |
| Renter Occupied HU | 5,632 (45.9%) |
| Vacant Housing Units | 694 ( 5.7%) |
| Median Home Value | $709,364 |
| Average Home Value | $778,695 |
Housing Distribution
Address Breakdown
Residential
11,798
Single Family
8,732
Multi-Family
3,066
Businesses
2,488
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Listed by: Kathryn Ahlin • The Gove Group Real Estate, LLC
Mls Name: PrimeMLS
Mls ID: #5073839