29 Beech StreetNewportNH03773
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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 Newport at 29 Beech Street, Newport, NH, 03773 listed at $425,000 pairs $3,462/mo rent with a $2,080/mo payment to leave $613/mo cash flow. Total monthly income runs $3,462/mo, and annual cash flow reaches $7,361/yr on $140,888 cash to close. Return on cash invested measures 25.13% in year one, and rental yield registers 9.78% at a $425,000 basis. Equity gained on principal adds $2,742/yr, and annual property appreciation at 5% supports $117,420 by year five. Five-year ROI tracks 131.55% and total cumulative return in cash totals $185,333. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,462/mo property income relative to a $2,080/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1920
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03773, Newport, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,933 (100%) |
| Owner Occupied HU | 2,387 (60.7%) |
| Renter Occupied HU | 1,084 (27.6%) |
| Vacant Housing Units | 462 (11.7%) |
| Median Home Value | $290,749 |
| Average Home Value | $338,144 |
Housing Distribution
Address Breakdown
Residential
3,311
Single Family
3,116
Multi-Family
195
Businesses
295
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Listed by: Kathy H Snyder • Monument Realty
Mls Name: PrimeMLS
Mls ID: #5072404