3 Montrose Drive, Stratham, NH, 03885 | $162/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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3 Montrose Drive, Stratham, NH, 03885 | $162/mo Cash Flow | Ziffy

For Sale

Listed for sale 2 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Stratham at 3 Montrose Drive, Stratham, NH, 03885 offers a 8.58% rental yield on a $359,000 purchase with $2,568/mo rent. Total monthly income registers $2,568/mo, and a $1,757/mo payment leaves $162/mo available for distribution. Annual cash flow reaches $1,942/yr on $119,009 to close, and return on cash invested stands at 21.54% in year one. Equity gained on principal adds $2,317/yr while 5% annual appreciation supports $99,185 over five years. Portfolio math shows five-year ROI at 112.26% and total cumulative return in cash at $133,603. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,568/mo property income against a $1,757/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1987

N/A lot

$N/A/sqft

No HOA

More details about the property

Desirable Montrose Condominium Association This spacious corner unit offers over 1400 square feet of living space on 3 levels. Beautiful luxury vinyl plank flooring & plush carpet were just installed, plus a brand-new Rheem heating system. The open concept kitchen features a breakfast bar, granite countertops, an electric range, dishwasher and recessed lighting. The spacious living room boasts a soaring vaulted ceiling and direct access to the private rear deck. Rounding out the main level you will find a full bathroom, plus a den w/pine flooring, exposed wood beams and wainscotting - could be used as a first-floor bedroom or office. Upstairs, there is an expansive loft space. Need more space? The lower-level finished basement offers a bonus room with a built-in bar. This space could be utilized as a home gym, media room or office. There is a utility room/laundry area, workshop and storage space with a convenient bulkhead to the exterior. 2-person occupancy limit, cats permitted, sorry, no dogs. Well managed condo association, low $395 monthly condo fee. Virtual tour & floor plans available. Set up a private showing today or attend the public open house Saturday 12/20 from 10:00 to 11:30.

Neighborhood Data

Neighborhood data shown for ZIP Code: 03885, Stratham, NH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,109 (100%)
Owner Occupied HU	2,766 (89.0%)
Renter Occupied HU	279 ( 9.0%)
Vacant Housing Units	64 ( 2.1%)
Median Home Value	$691,210
Average Home Value	$753,709