245 Bremer StreetManchesterNH03102
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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 Manchester at 245 Bremer Street, Manchester, NH, 03102 priced at $700,000 pairs $2,293/mo rent with after a $3,426/mo payment. Total monthly income equals $2,293/mo. Return on cash invested is 7.56% in year one, and rental yield stands at 3.93% on a $700,000 basis. Equity gained on principal adds $4,517/yr, and 5% annual appreciation accumulates to $193,397 by year five. Five-year ROI measures 37.28% and total cumulative return in cash reaches $85,852. For financing, Ziffy Mortgage’s DSCR program evaluates $2,293/mo property income against a $3,426/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1920
9,148 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03102, Manchester, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,231 (100%) |
| Owner Occupied HU | 5,603 (36.8%) |
| Renter Occupied HU | 9,075 (59.6%) |
| Vacant Housing Units | 553 ( 3.6%) |
| Median Home Value | $364,554 |
| Average Home Value | $399,877 |
Housing Distribution
Address Breakdown
Residential
14,680
Single Family
9,889
Multi-Family
4,791
Businesses
521
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Listed by: Joseph Daigle • Joe Daigle Realty, LLC
Mls Name: PrimeMLS
Mls ID: #5072752