245 Ocean RoadPortsmouthNH03801
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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
Investment Highlights
Investment property for sale in Portsmouth at 245 Ocean Road, Portsmouth, NH, 03801 at $565,000 posts ROI 23.57% with $544/mo cash flow from $4,331/mo rent. Total monthly income equals $4,331/mo, and annual cash flow records $6,531/yr on $185,885 to close. Return on cash invested measures 23.57% and rental yield reads 9.2% at the current $565,000. Equity gained on principal adds $3,646/yr, and 5% annual appreciation supports $156,099 by year five. Five-year ROI prints 123.16% and total cumulative return in cash totals $228,927.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,331/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1957
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03801, Portsmouth, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,280 (100%) |
| Owner Occupied HU | 5,954 (48.5%) |
| Renter Occupied HU | 5,632 (45.9%) |
| Vacant Housing Units | 694 ( 5.7%) |
| Median Home Value | $709,364 |
| Average Home Value | $778,695 |
Housing Distribution
Address Breakdown
Residential
11,798
Single Family
8,732
Multi-Family
3,066
Businesses
2,488
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Listed by: Samuel Auffant • KW Coastal and Lakes & Mountains Realty
Mls Name: PrimeMLS
Mls ID: #5073089