3 Slate Run, North Hampton, NH, 03862 | $1,034/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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3 Slate Run, North Hampton, NH, 03862 | $1,034/mo Cash Flow | Ziffy

For Sale

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

Rental property for sale in North Hampton at 3 Slate Run, North Hampton, NH, 03862 generates $3,547/mo in rent and, after a $1,835/mo payment, leaves $1,034/mo in cash flow. Total monthly income is $3,547/mo, and annual cash flow is $12,409/yr on $124,279 invested. Return on cash invested sits at 29.89% in year one, and rental yield is 11.35% on a $374,900 entry. Equity gained on principal adds $2,419/yr, while 5% annual appreciation builds toward $103,578 over five years. Five-year ROI reaches 157.09% and total cumulative return in cash sums $195,235. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,547/mo property income rather than buyer’s personal income.

Manufactured

Built in 2018

4,356 sqft lot

$N/A/sqft

No HOA

More details about the property

Fantastic opportunity to own this meticulously cared for 2 bedroom and 2 bath 2018 manufactured home. Located on an ideal lot within the sought-after "Granite Post Green" park. Upgraded kitchen and baths. Stainless appliances, quartz countertops. Central air. Primary bedroom includes a walk-in closet and private bathroom. 2nd bedroom includes a large closet and murphy bed. Additional room for home office/guest room/storage. Welcoming front porch and private rear deck leading to a patio area. Includes a detached 8' x 10' shed. Separate laundry/utility room, washer and dryer included. Manicured gardens throughout. Showings begin immediately. Welcome home!

Neighborhood Data

Neighborhood data shown for ZIP Code: 03862, North Hampton, NH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,049 (100%)
Owner Occupied HU	1,696 (82.8%)
Renter Occupied HU	218 (10.6%)
Vacant Housing Units	135 ( 6.6%)
Median Home Value	$791,466
Average Home Value	$865,159