263 School StreetBerlinNH03570
Nearby investment properties with comparable rents
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
Rental property for sale in Berlin at 263 School Street, Berlin, NH, 03570 offers $2,224/mo rent that, after a $1,197/mo payment, leaves $585/mo cash flow. Total monthly income is $2,224/mo, and annual cash flow is $7,018/yr on $81,052 cash. Return on cash invested measures 28.57% in year one, and rental yield stands at 10.92% at a $244,500 entry. Equity gained on principal adds $1,578/yr while 5% annual appreciation compounds into $67,551 by year five. Five-year ROI records 149.95% and total cumulative return in cash reaches $121,535. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,224/mo property income versus a $1,197/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
4,792 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03570, Berlin, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,818 (100%) |
| Owner Occupied HU | 2,555 (53.0%) |
| Renter Occupied HU | 1,542 (32.0%) |
| Vacant Housing Units | 721 (15.0%) |
| Median Home Value | $110,871 |
| Average Home Value | $154,447 |
Housing Distribution
Address Breakdown
Residential
4,379
Single Family
4,273
Multi-Family
106
Businesses
303
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Listed by: Lucie A Remillard • RE/MAX Northern Edge Realty LLC
Mls Name: PrimeMLS
Mls ID: #5073077