244 Spring Street, Farmington, NH, 03835 | $168/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

5 Bed
2 Bath
2016 sft

34 Island Avenue, Sanford, ME, 04073

4 Bed
2 Bath
2021 sft

77 Central Street, Farmington, NH, 03835

3 Bed
2 Bath
1440 sft

52 Green Street, Northwood, NH, 03261

4 Bed
2 Bath
1586 sft

32 Mechanic Street, Farmington, NH, 03835

Nearby investment properties with comparable prices

3 Bed
1 Bath
1068 sft

9 Dale Street, Sanford, ME, 04073

3 Bed
2 Bath
1200 sft

264 23rd Street Loop Road, Shapleigh, ME, 04076

3 Bed
2 Bath
1194 sft

24 Charles Street, Sanford, ME, 04073

2 Bed
2 Bath
1574 sft

15 Pheasant Hill Drive UNIT B, North Berwick, ME, 03906

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Farmington at 244 Spring Street, Farmington, NH, 03835 at $374,900 posts ROI 21.53% with $168/mo cash flow from $2,681/mo rent. Total monthly income equals $2,681/mo, and annual cash flow records $2,017/yr on $124,279 to close. Return on cash invested measures 21.53% and rental yield reads 8.58% at the current $374,900. Equity gained on principal adds $2,419/yr, and 5% annual appreciation supports $103,578 by year five. Five-year ROI prints 112.25% and total cumulative return in cash totals $139,507.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,681/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 2001

0.47 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 03835, Farmington, NH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,041 (100%)
Owner Occupied HU	2,103 (69.2%)
Renter Occupied HU	722 (23.7%)
Vacant Housing Units	216 ( 7.1%)
Median Home Value	$374,745
Average Home Value	$416,284