33 Spruce StreetConcordNH03301
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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 Concord at 33 Spruce Street, Concord, NH, 03301 uses $140,888 cash to close to unlock $7,445/yr annual cash flow and $620/mo monthly cash flow. Total monthly income runs $3,469/mo, and a $2,080/mo payment keeps the spread at $620/mo. Purchase price stands at $425,000, and rental yield measures 9.79% with $3,469/mo rent. Return on cash invested shows 25.19% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 131.86% and total cumulative return in cash records $185,777. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,469/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 1906
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03301, Concord, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,779 (100%) |
| Owner Occupied HU | 7,126 (48.2%) |
| Renter Occupied HU | 6,953 (47.0%) |
| Vacant Housing Units | 700 ( 4.7%) |
| Median Home Value | $392,897 |
| Average Home Value | $415,559 |
Housing Distribution
Address Breakdown
Residential
13,751
Single Family
11,157
Multi-Family
2,594
Businesses
2,101
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Listed by: Jenna Carmichael • Capital City Realty
Mls Name: PrimeMLS
Mls ID: #5065938