26 Myrtle Street #6, Claremont, NH, 03743 | $243/mo Cash Flow

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26 Myrtle Street #6, Claremont, NH, 03743 | $243/mo Cash Flow | Ziffy

For Sale

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 Claremont at 26 Myrtle Street #6, Claremont, NH, 03743 generates $1,455/mo in rent and, after a $885/mo payment, leaves $243/mo in cash flow. Total monthly income is $1,455/mo, and annual cash flow is $2,914/yr on $59,968 invested. Return on cash invested sits at 24.77% in year one, and rental yield is 9.65% on a $180,900 entry. Equity gained on principal adds $1,167/yr, while 5% annual appreciation builds toward $49,979 over five years. Five-year ROI reaches 129.59% and total cumulative return in cash sums $77,711. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,455/mo property income rather than buyer’s personal income.

Condo

Built in 2006

N/A lot

$N/A/sqft

No HOA

More details about the property

Check out this fabulous 2 Bedroom, 1 1/2 Bathroom Condominium, formerly Way School Elementary. These condos were designed in 2006 and they offer high ceilings, beautiful large windows, plenty of closet space, laundry hookups, on-site parking and on-site management. This unit features an open layout with updated Kitchen w/new Stove and Refrigerator. The Kitchen opens into the Dining Area and large Living Room. Freshly painted Bedrooms and Bathrooms, as well as all new flooring and updated light fixtures throughout. The HOA fee includes Heat, Water, Sewer, Insurance, Trash Removal, Snow Removal and Lawncare. As of January 1st the monthly fee will be $538 per month.

Neighborhood Data

Neighborhood data shown for ZIP Code: 03743, Claremont, NH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,346 (100%)
Owner Occupied HU	3,364 (53.0%)
Renter Occupied HU	2,512 (39.6%)
Vacant Housing Units	470 ( 7.4%)
Median Home Value	$180,298
Average Home Value	$229,029