27 Island DriveMadisonNH03849
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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
Investment property for sale in Madison at 27 Island Drive, Madison, NH, 03849 offers a 6.52% rental yield on a $400,000 purchase with $2,174/mo rent. 32% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,513 over five years. Portfolio math shows five-year ROI at 78.9% and total cumulative return in cash at $104,620. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,174/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
1.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03849, Madison, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,503 (100%) |
| Owner Occupied HU | 787 (52.4%) |
| Renter Occupied HU | 106 ( 7.1%) |
| Vacant Housing Units | 610 (40.6%) |
| Median Home Value | $361,726 |
| Average Home Value | $423,990 |
Housing Distribution
Address Breakdown
Residential
453
Single Family
453
Multi-Family
0
Businesses
39
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Listed by: Michael Erwin • Maxfield Real Estate/ Alton
Mls Name: PrimeMLS
Mls ID: #5072155