3 Nancy AvenueSalemNH03079
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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
Investment property for sale in Salem at 3 Nancy Avenue, Salem, NH, 03079 offers a 9.61% rental yield on a $529,900 purchase with $4,242/mo rent. Total monthly income registers $4,242/mo, and a $2,594/mo payment leaves $690/mo available for distribution. Annual cash flow reaches $8,277/yr on $174,337 to close, and return on cash invested stands at 24.81% in year one. Equity gained on principal adds $3,419/yr while 5% annual appreciation supports $146,402 over five years. Portfolio math shows five-year ROI at 129.76% and total cumulative return in cash at $226,211. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,242/mo property income against a $2,594/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03079, Salem, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,720 (100%) |
| Owner Occupied HU | 9,543 (69.6%) |
| Renter Occupied HU | 3,512 (25.6%) |
| Vacant Housing Units | 665 ( 4.8%) |
| Median Home Value | $555,186 |
| Average Home Value | $577,277 |
Housing Distribution
Address Breakdown
Residential
13,257
Single Family
10,248
Multi-Family
3,009
Businesses
1,816
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Listed by: Daniel A Robertson • Stoudt Realty
Mls Name: PrimeMLS
Mls ID: #5074552