3 Knights Bridge Drive #302NashuaNH03063
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow3 Knights Bridge Drive #302, Nashua, NH, 03063 in Nashua is a top-tier cash-flow asset. At $285,000 it produces $2,782/mo in rent and $871/mo in net monthly income, a 11.71% gross rental yield. The DSCR of 2.17 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $10,455. Five-year appreciation adds $78,740, driving a total cumulative return of $164,771.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 5.8% |
| Monthly Cash Flow | $871 | $285 |
City averages based on Nashua market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,782 |
| Total Monthly Debt Service | $1,797 |
| DSCR Ratio | 1.55x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03063, Nashua, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,278 (100%) |
| Owner Occupied HU | 4,588 (63.0%) |
| Renter Occupied HU | 2,570 (35.3%) |
| Vacant Housing Units | 120 ( 1.6%) |
| Median Home Value | $468,195 |
| Average Home Value | $505,530 |
Housing Distribution
Address Breakdown
Residential
7,221
Single Family
5,063
Multi-Family
2,158
Businesses
936
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
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03063, Nashua, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,278 (100%) |
| Owner Occupied HU | 4,588 (63.0%) |
| Renter Occupied HU | 2,570 (35.3%) |
| Vacant Housing Units | 120 ( 1.6%) |
| Median Home Value | $468,195 |
| Average Home Value | $505,530 |
Housing Distribution
Address Breakdown
Residential
7,221
Single Family
5,063
Multi-Family
2,158
Businesses
936
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Siborak Ponn • LAER Realty Partners/Chelmsford
Mls Name: PrimeMLS
Mls ID: #5076325