33 Millville StreetSalemNH03079
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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 Salem at 33 Millville Street, Salem, NH, 03079 with 5% annual appreciation on a $499,900 basis while $3,894/mo rent supports operations. Total monthly income totals $3,894/mo and a $2,447/mo payment preserves $543/mo for cash returns. Annual cash flow comes to $6,516/yr on $165,717 deployed, and return on cash invested reaches 23.84% in year one. Equity gained on principal adds $3,226/yr, and five-year appreciation sums $138,113 alongside rental yield of 9.35%. Five-year ROI measures 124.62% and total cumulative return in cash totals $206,508.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,894/mo property income versus a $2,447/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1935
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03079, Salem, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,720 (100%) |
| Owner Occupied HU | 9,543 (69.6%) |
| Renter Occupied HU | 3,512 (25.6%) |
| Vacant Housing Units | 665 ( 4.8%) |
| Median Home Value | $555,186 |
| Average Home Value | $577,277 |
Housing Distribution
Address Breakdown
Residential
13,257
Single Family
10,248
Multi-Family
3,009
Businesses
1,816
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Listed by: Stacy Gorham • Coldwell Banker Realty Westford MA
Mls Name: PrimeMLS
Mls ID: #5060941