304 River Grant DriveHopkintonNH03229
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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 Hopkinton at 304 River Grant Drive, Hopkinton, NH, 03229 generates $2,896/mo in rent and, after a $1,762/mo payment, leaves $483/mo in cash flow. Total monthly income is $2,896/mo, and annual cash flow is $5,796/yr on $119,340 invested. Return on cash invested sits at 24.77% in year one, and rental yield is 9.65% on a $360,000 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 129.54% and total cumulative return in cash sums $154,593. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,896/mo property income rather than buyer’s personal income.
Townhouse
Built in 2006
2.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03229, Contoocook, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,538 (100%) |
| Owner Occupied HU | 2,117 (83.4%) |
| Renter Occupied HU | 294 (11.6%) |
| Vacant Housing Units | 127 ( 5.0%) |
| Median Home Value | $519,783 |
| Average Home Value | $543,435 |
Housing Distribution
Address Breakdown
Residential
2,289
Single Family
2,225
Multi-Family
64
Businesses
178
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Listed by: Sandy Heino • Four Seasons Sotheby's Int'l Realty
Mls Name: PrimeMLS
Mls ID: #5073063