23 Elm StreetWolfeboroNH03894
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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 Wolfeboro at 23 Elm Street, Wolfeboro, NH, 03894 offers $2,041/mo rent that, after a $1,463/mo payment, leaves $37/mo cash flow. Total monthly income is $2,041/mo, and annual cash flow is $448/yr on $99,119 cash. Return on cash invested measures 20.36% in year one, and rental yield stands at 8.19% at a $299,000 entry. Equity gained on principal adds $1,929/yr while 5% annual appreciation compounds into $82,608 by year five. Five-year ROI records 105.96% and total cumulative return in cash reaches $105,022. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,041/mo property income versus a $1,463/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03894, Wolfeboro, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,872 (100%) |
| Owner Occupied HU | 2,624 (53.9%) |
| Renter Occupied HU | 609 (12.5%) |
| Vacant Housing Units | 1,639 (33.6%) |
| Median Home Value | $425,846 |
| Average Home Value | $582,676 |
Housing Distribution
Address Breakdown
Residential
2,623
Single Family
2,460
Multi-Family
163
Businesses
381
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Listed by: Fae Moore • BHHS Verani Wolfeboro
Mls Name: PrimeMLS
Mls ID: #5056812