28 Highridge Trl #97ConcordNH03301
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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 Concord at 28 Highridge Trl #97, Concord, NH, 03301 generates $1,535/mo in rent and, after a $974/mo payment, leaves $201/mo in cash flow. Total monthly income is $1,535/mo, and annual cash flow is $2,416/yr on $65,935 invested. Return on cash invested sits at 23.57% in year one, and rental yield is 9.26% on a $198,900 entry. Equity gained on principal adds $1,283/yr, while 5% annual appreciation builds toward $54,952 over five years. Five-year ROI reaches 123.21% and total cumulative return in cash sums $81,239. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,535/mo property income rather than buyer’s personal income.
Manufactured
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03301, Concord, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,779 (100%) |
| Owner Occupied HU | 7,126 (48.2%) |
| Renter Occupied HU | 6,953 (47.0%) |
| Vacant Housing Units | 700 ( 4.7%) |
| Median Home Value | $392,897 |
| Average Home Value | $415,559 |
Housing Distribution
Address Breakdown
Residential
13,751
Single Family
11,157
Multi-Family
2,594
Businesses
2,101
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Listed by: Sales Representative • N/A
Mls Name: MHBO
Mls ID: #574019