31 Sherene Orchard RoadMeredithNH03253
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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 Meredith at 31 Sherene Orchard Road, Meredith, NH, 03253 offers $2,140/mo rent that, after a $2,691/mo payment. Total monthly income is $2,140/mo. Return on cash invested measures 9.81% in year one, and rental yield stands at 4.67% at a $549,900 entry. Equity gained on principal adds $3,548/yr while 5% annual appreciation compounds into $151,927 by year five. Five-year ROI records 49.34% and total cumulative return in cash reaches $89,258. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,140/mo property income versus a $2,691/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03253, Meredith, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,928 (100%) |
| Owner Occupied HU | 2,377 (48.2%) |
| Renter Occupied HU | 710 (14.4%) |
| Vacant Housing Units | 1,841 (37.4%) |
| Median Home Value | $534,363 |
| Average Home Value | $686,528 |
Housing Distribution
Address Breakdown
Residential
3,261
Single Family
2,909
Multi-Family
352
Businesses
393
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Listed by: Andrew W White • RE/MAX Innovative Properties
Mls Name: PrimeMLS
Mls ID: #5045669