27 Melrose DriveRochesterNH03868
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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 Rochester at 27 Melrose Drive, Rochester, NH, 03868 generates $1,140/mo in rent and, after a $734/mo payment, leaves $135/mo in cash flow. Total monthly income is $1,140/mo, and annual cash flow is $1,619/yr on $49,692 invested. Return on cash invested sits at 23.17% in year one, and rental yield is 9.13% on a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 120.98% and total cumulative return in cash sums $60,119. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,140/mo property income rather than buyer’s personal income.
Manufactured
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03868, Rochester, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,619 (100%) |
| Owner Occupied HU | 1,862 (71.1%) |
| Renter Occupied HU | 662 (25.3%) |
| Vacant Housing Units | 95 ( 3.6%) |
| Median Home Value | $241,154 |
| Average Home Value | $296,823 |
Housing Distribution
Address Breakdown
Residential
2,772
Single Family
1,905
Multi-Family
867
Businesses
105
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Listed by: Danica Billado • KW Coastal and Lakes & Mountains Realty
Mls Name: PrimeMLS
Mls ID: #5074517