294 Green StreetSomersworthNH03878
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Somersworth at 294 Green Street, Somersworth, NH, 03878 uses $111,053 cash to close to unlock $1,754/yr annual cash flow and $146/mo monthly cash flow. Total monthly income runs $2,392/mo, and a $1,640/mo payment keeps the spread at $146/mo. Purchase price stands at $335,000, and rental yield measures 8.57% with $2,392/mo rent. Return on cash invested shows 21.49% in year one, and 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 112.02% and total cumulative return in cash records $124,400. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,392/mo property income covering a $1,640/mo payment rather than investor’s personal income.
Single Family
Built in 1954
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03878, Somersworth, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,581 (100%) |
| Owner Occupied HU | 3,103 (55.6%) |
| Renter Occupied HU | 2,243 (40.2%) |
| Vacant Housing Units | 235 ( 4.2%) |
| Median Home Value | $342,170 |
| Average Home Value | $333,167 |
Housing Distribution
Address Breakdown
Residential
5,516
Single Family
4,614
Multi-Family
902
Businesses
419
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dennis P Gallagher • RE/MAX Home Connection
Mls Name: PrimeMLS
Mls ID: #5075158