3 Slate RunNorth HamptonNH03862
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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 North Hampton at 3 Slate Run, North Hampton, NH, 03862 generates $2,468/mo in rent and, after a $1,713/mo payment, leaves $122/mo in cash flow. Total monthly income is $2,468/mo, and annual cash flow is $1,465/yr on $116,025 invested. Return on cash invested sits at 21.17% in year one, and rental yield is 8.46% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 110.32% and total cumulative return in cash sums $127,994. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,468/mo property income rather than buyer’s personal income.
Manufactured
Built in 2018
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
1,964
Single Family
1,738
Multi-Family
226
Businesses
406
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Listed by: Matt Ajemian • Granite Coast Realty
Mls Name: PrimeMLS
Mls ID: #5073723