247 North Shore RoadSpoffordNH03462
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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 Spofford at 247 North Shore Road, Spofford, NH, 03462 priced at $400,000 pairs $2,514/mo rent with after a $1,958/mo payment. Total monthly income equals $2,514/mo. Return on cash invested is 18.39% in year one, and rental yield stands at 7.54% on a $400,000 basis. Equity gained on principal adds $2,581/yr, and 5% annual appreciation accumulates to $110,513 by year five. Five-year ROI measures 95.4% and total cumulative return in cash reaches $126,496. For financing, Ziffy Mortgage’s DSCR program evaluates $2,514/mo property income against a $1,958/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1959
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03462, Spofford, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 911 (100%) |
| Owner Occupied HU | 612 (67.2%) |
| Renter Occupied HU | 117 (12.8%) |
| Vacant Housing Units | 182 (20.0%) |
| Median Home Value | $456,311 |
| Average Home Value | $514,257 |
Housing Distribution
Address Breakdown
Residential
613
Single Family
613
Multi-Family
0
Businesses
42
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Listed by: Sandy Cormier • Greenwald Realty Group
Mls Name: PrimeMLS
Mls ID: #5054339