317 Circle Road #317ManchesterNH03103
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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
Investment property for sale in Manchester at 317 Circle Road #317, Manchester, NH, 03103 offers a 8.92% rental yield on a $360,000 purchase with $2,675/mo rent. Total monthly income registers $2,675/mo, and a $1,762/mo payment leaves $262/mo available for distribution. Annual cash flow reaches $3,144/yr on $119,340 to close, and return on cash invested stands at 22.54% in year one. Equity gained on principal adds $2,323/yr while 5% annual appreciation supports $99,461 over five years. Portfolio math shows five-year ROI at 117.64% and total cumulative return in cash at $140,397. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,675/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03103, Manchester, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,484 (100%) |
| Owner Occupied HU | 7,310 (44.3%) |
| Renter Occupied HU | 8,584 (52.1%) |
| Vacant Housing Units | 590 ( 3.6%) |
| Median Home Value | $386,553 |
| Average Home Value | $413,156 |
Housing Distribution
Address Breakdown
Residential
15,186
Single Family
13,315
Multi-Family
1,871
Businesses
1,320
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Listed by: Onyx Real Estate Group • Coldwell Banker Realty Bedford NH
Mls Name: PrimeMLS
Mls ID: #5072660