245 Laval StManchesterNH03102
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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 Laval St, Manchester, NH, 03102 offers $3,148/mo rent that, after a $2,019/mo payment, leaves $383/mo cash flow. Total monthly income is $3,148/mo, and annual cash flow is $4,597/yr on $136,744 cash. Return on cash invested measures 23.27% in year one, and rental yield stands at 9.16% at a $412,500 entry. Equity gained on principal adds $2,662/yr while 5% annual appreciation compounds into $113,966 by year five. Five-year ROI records 121.56% and total cumulative return in cash reaches $166,228. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,148/mo property income versus a $2,019/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
4,356 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: N/A • N/A
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