230 Eastern Avenue #101ManchesterNH03104
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 230 Eastern Avenue #101, Manchester, NH, 03104 in Manchester. At $265,000 it earns $2,191/mo in rent and distributes $415/mo to the owner after the $1,192/mo payment, a consistent 9.92% yield. DSCR 1.84 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $73,215 in value; $2,441/yr in principal paydown compounds ownership stake. Total projected return: $127,747.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.9% | 8.0% |
| Monthly Cash Flow | $415 | $600 |
City averages based on Manchester market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,191 |
| Total Monthly Debt Service | $1,671 |
| DSCR Ratio | 1.31x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tony LaCasse • EXP Realty
Mls Name: PrimeMLS
Mls ID: #5077032