34 Modena DriveConcordNH03303
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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 Concord at 34 Modena Drive, Concord, NH, 03303 offers $2,722/mo rent that, after a $1,488/mo payment, leaves $684/mo cash flow. Total monthly income is $2,722/mo, and annual cash flow is $8,211/yr on $100,776 cash. Return on cash invested measures 28.06% in year one, and rental yield stands at 10.74% at a $304,000 entry. Equity gained on principal adds $1,962/yr while 5% annual appreciation compounds into $83,990 by year five. Five-year ROI records 147.25% and total cumulative return in cash reaches $148,388. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,722/mo property income versus a $1,488/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03303, Concord, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,272 (100%) |
| Owner Occupied HU | 4,755 (65.4%) |
| Renter Occupied HU | 2,200 (30.3%) |
| Vacant Housing Units | 317 ( 4.4%) |
| Median Home Value | $405,062 |
| Average Home Value | $425,354 |
Housing Distribution
Address Breakdown
Residential
6,798
Single Family
5,173
Multi-Family
1,625
Businesses
269
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Listed by: Beth Ottana • Nexus Realty, LLC
Mls Name: PrimeMLS
Mls ID: #5057600