29 Central StreetDerryNH03038
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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 Derry at 29 Central Street, Derry, NH, 03038 with 5% annual appreciation on a $390,000 basis while $2,820/mo rent supports operations. Total monthly income totals $2,820/mo and a $1,909/mo payment preserves $206/mo for cash returns. Annual cash flow comes to $2,469/yr on $129,285 deployed, and return on cash invested reaches 21.82% in year one. Equity gained on principal adds $2,517/yr, and five-year appreciation sums $107,750 alongside rental yield of 8.68%. Five-year ROI measures 113.76% and total cumulative return in cash totals $147,080.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,820/mo property income versus a $1,909/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03038, Derry, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,587 (100%) |
| Owner Occupied HU | 9,531 (65.3%) |
| Renter Occupied HU | 4,609 (31.6%) |
| Vacant Housing Units | 447 ( 3.1%) |
| Median Home Value | $482,768 |
| Average Home Value | $548,921 |
Housing Distribution
Address Breakdown
Residential
13,786
Single Family
10,398
Multi-Family
3,388
Businesses
871
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Listed by: Roberta Fox • RE/MAX Innovative Properties
Mls Name: PrimeMLS
Mls ID: #5071790