30 Colby RoadNewmarketNH03857
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
Investment Highlights
Rental property for sale in Newmarket at 30 Colby Road, Newmarket, NH, 03857 offers $1,247/mo rent that, after a $783/mo payment, leaves $175/mo cash flow. Total monthly income is $1,247/mo, and annual cash flow is $2,096/yr on $53,040 cash. Return on cash invested measures 23.86% in year one, and rental yield stands at 9.35% at a $160,000 entry. Equity gained on principal adds $1,032/yr while 5% annual appreciation compounds into $44,205 by year five. Five-year ROI records 124.75% and total cumulative return in cash reaches $66,170. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,247/mo property income versus a $783/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03857, Newmarket, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,437 (100%) |
| Owner Occupied HU | 2,367 (53.3%) |
| Renter Occupied HU | 1,953 (44.0%) |
| Vacant Housing Units | 117 ( 2.6%) |
| Median Home Value | $487,062 |
| Average Home Value | $516,851 |
Housing Distribution
Address Breakdown
Residential
4,519
Single Family
3,338
Multi-Family
1,181
Businesses
236
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Listed by: Lylah Starkey • RE/MAX Home Connection
Mls Name: PrimeMLS
Mls ID: #5053095