34 Stevens RoadHanoverNH03755
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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
Rental property for sale in Hanover at 34 Stevens Road, Hanover, NH, 03755 offers $3,600/mo rent that, after a $6,608/mo payment. Total monthly income is $3,600/mo. Return on cash invested measures 5.42% in year one, and rental yield stands at 3.2% at a $1,350,000 entry. Equity gained on principal adds $8,711/yr while 5% annual appreciation compounds into $372,980 by year five. Five-year ROI records 25.73% and total cumulative return in cash reaches $112,553. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,600/mo property income versus a $6,608/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03755, Hanover, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,061 (100%) |
| Owner Occupied HU | 1,739 (56.8%) |
| Renter Occupied HU | 1,064 (34.8%) |
| Vacant Housing Units | 258 ( 8.4%) |
| Median Home Value | $767,920 |
| Average Home Value | $882,371 |
Housing Distribution
Address Breakdown
Residential
2,957
Single Family
2,199
Multi-Family
758
Businesses
1,051
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Listed by: Colby B Clarkson • Roger Clarkson Realtor
Mls Name: PrimeMLS
Mls ID: #5073912