23 South Cranberry Lane, Rochester, NH, 03867 | 8.02% Rental Yield

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23 South Cranberry Lane, Rochester, NH, 03867 | 8.02% 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

Rental property for sale in Rochester at 23 South Cranberry Lane, Rochester, NH, 03867 priced at $249,999 pairs $1,671/mo rent with after a $1,224/mo payment. Total monthly income equals $1,671/mo. Return on cash invested is 19.84% in year one, and rental yield stands at 8.02% on a $249,999 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,070 by year five. Five-year ROI measures 103.12% and total cumulative return in cash reaches $85,462. For financing, Ziffy Mortgage’s DSCR program evaluates $1,671/mo property income against a $1,224/mo payment instead of your W2s, 1099s, or Tax returns.

Manufactured

Built in 2018

N/A lot

$N/A/sqft

No HOA

More details about the property

Set in the Briar Ridge community, 23 South Cranberry Lane welcomes you with a fresh, modern feel and all the comforts of home. Step inside to discover a spacious kitchen with sleek stainless steel appliances, ready for everything from pancake breakfasts to holiday feasts. The kitchen flows effortlessly into an open dining and living area perfect for catching up with family or hosting game night. Down the hall, two bedrooms share a full bathroom, while the primary suite offers its own private retreat with an attached bathroom. Youll also find a handy laundry area to help keep life running smoothly. Outside, imagine relaxing on the back deck with your morning coffee, or storing your gardening gear in the shed. Briar Ridge Park offers a location convenient to Rochesters shopping, dining, and commuting routes. Come see how easygoing and comfortable life can be here.

Neighborhood Data

Neighborhood data shown for ZIP Code: 03867, Rochester, NH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,850 (100%)
Owner Occupied HU	6,574 (60.6%)
Renter Occupied HU	3,670 (33.8%)
Vacant Housing Units	606 ( 5.6%)
Median Home Value	$340,415
Average Home Value	$370,894