245 Pickering Street, Manchester, NH, 03104 | $1,198/mo Cash Flow

For Sale

Listed for sale 1 day ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Manchester at 245 Pickering Street, Manchester, NH, 03104 offers $4,382/mo rent that, after a $2,325/mo payment, leaves $1,198/mo cash flow. Total monthly income is $4,382/mo, and annual cash flow is $14,376/yr on $157,463 cash. Return on cash invested measures 29.04% in year one, and rental yield stands at 11.07% at a $475,000 entry. Equity gained on principal adds $3,065/yr while 5% annual appreciation compounds into $131,234 by year five. Five-year ROI records 152.49% and total cumulative return in cash reaches $240,115. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,382/mo property income versus a $2,325/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1956

0.38 Acres lot

$N/A/sqft

No HOA