3 Greenfield Drive #CDoverNH03820
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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 Dover at 3 Greenfield Drive #C, Dover, NH, 03820 priced at $379,900 converts $2,640/mo rent into $94/mo cash flow after a $1,859/mo obligation. Total monthly income equals $2,640/mo, and annual cash flow totals $1,128/yr on $125,937 invested. Return on cash invested prints 20.8% in year one, and rental yield reads 8.34% against a $379,900 entry. Equity gained on principal adds $2,451/yr, while 5% annual appreciation compiles into $104,959 by year five. Five-year ROI reaches 108.34% and total cumulative return in cash sums $136,445. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,640/mo property income covering a $1,859/mo payment, not borrower’s personal income.
Townhouse
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03820, Dover, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,942 (100%) |
| Owner Occupied HU | 7,947 (49.8%) |
| Renter Occupied HU | 7,317 (45.9%) |
| Vacant Housing Units | 678 ( 4.3%) |
| Median Home Value | $496,451 |
| Average Home Value | $516,612 |
Housing Distribution
Address Breakdown
Residential
15,528
Single Family
12,270
Multi-Family
3,258
Businesses
1,181
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Listed by: Darlene G Colwell-Ellis • KW Coastal and Lakes & Mountains Realty/Dover
Mls Name: PrimeMLS
Mls ID: #5073925