23 Island Path #D5, Hampton, NH, 03842 | 6.94% Rental Yield

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23 Island Path #D5, Hampton, NH, 03842 | 6.94% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Hampton at 23 Island Path #D5, Hampton, NH, 03842 at $385,000 posts ROI 16.58% with from $2,226/mo rent. Total monthly income equals $2,226/mo. Return on cash invested measures 16.58% and rental yield reads 6.94% at the current $385,000. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,368 by year five. Five-year ROI prints 85.65% and total cumulative return in cash totals $109,318. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,226/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Condo

Built in 1920

N/A lot

$N/A/sqft

No HOA

More details about the property

Stunning, upgraded, Hampton Beach Condominium in a Prime Location close to the Beach, Hatch Shell and all Main Beach activities as well as easy access to Rte 101. An end unit, freshly painted, and recently upgraded, within the last two years, with new flooring, windows, replaced skylight, mini split for heat and air, granite counters and island, SS appliances, composite decking and HardiePlank Siding. The Two Car Garage plus 2 Parking Spaces offer ample parking plus storage, and a washer and dryer. You will love the Beach lifestyle: kayak at the end of Island Path, surf the wall at 10th Street, restaurants and entertainment close by plus Free Resident parking at North Beach and Multiple other locations. Enjoy a breathtaking ride up 1A to Portsmouth or a 30 minute ride to Newburyport. Town planned upgrades to the Casino and Main Beach, and a low condo fee, make this home an amazing Investment whether you use it for a getaway, investment property, or both. Two family pets are allowed with Association approval. Seller is a licensed Real Estate Broker. Shown by appointment. Offers due by September 19, 2025.

Neighborhood Data

Neighborhood data shown for ZIP Code: 03842, Hampton, NH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,356 (100%)
Owner Occupied HU	5,610 (54.2%)
Renter Occupied HU	2,214 (21.4%)
Vacant Housing Units	2,532 (24.4%)
Median Home Value	$638,129
Average Home Value	$699,461