295 Green StreetSomersworthNH03878
Nearby investment properties with comparable rents
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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 Somersworth at 295 Green Street, Somersworth, NH, 03878 offers $2,130/mo rent that, after a $2,344/mo payment. Total monthly income is $2,130/mo. Return on cash invested measures 11.75% in year one, and rental yield stands at 5.34% at a $479,000 entry. Equity gained on principal adds $3,091/yr while 5% annual appreciation compounds into $132,339 by year five. Five-year ROI records 59.74% and total cumulative return in cash reaches $94,863. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,130/mo property income versus a $2,344/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
2.29 Acres 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
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Listed by: Beverly Brooks • RE/MAX Shoreline
Mls Name: PrimeMLS
Mls ID: #5056702