335 Cypress Street #2PManchesterNH03103
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Manchester at 335 Cypress Street #2P, Manchester, NH, 03103 generates $1,800/mo in rent and, after a $1,023/mo payment, leaves $399/mo in cash flow. Total monthly income is $1,800/mo, and annual cash flow is $4,789/yr on $69,284 invested. Return on cash invested sits at 26.82% in year one, and rental yield is 10.33% on a $209,000 entry. Equity gained on principal adds $1,349/yr, while 5% annual appreciation builds toward $57,743 over five years. Five-year ROI reaches 140.66% and total cumulative return in cash sums $97,454. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,800/mo property income rather than buyer’s personal income.
Condo
Built in 1885
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cheyenne Bostrom • Profound New England Real Estate
Mls Name: PrimeMLS
Mls ID: #5068746