35 Canaan StreetCanaanNH03741
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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 Canaan at 35 Canaan Street, Canaan, NH, 03741 generates $2,278/mo in rent and, after a $1,561/mo payment, leaves $140/mo in cash flow. Total monthly income is $2,278/mo, and annual cash flow is $1,682/yr on $105,749 invested. Return on cash invested sits at 21.5% in year one, and rental yield is 8.57% on a $319,000 entry. Equity gained on principal adds $2,058/yr, while 5% annual appreciation builds toward $88,134 over five years. Five-year ROI reaches 112.08% and total cumulative return in cash sums $118,525. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,278/mo property income rather than buyer’s personal income.
Single Family
Built in 1840
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03741, Canaan, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,146 (100%) |
| Owner Occupied HU | 1,431 (66.7%) |
| Renter Occupied HU | 363 (16.9%) |
| Vacant Housing Units | 352 (16.4%) |
| Median Home Value | $369,366 |
| Average Home Value | $402,998 |
Housing Distribution
Address Breakdown
Residential
1,693
Single Family
1,693
Multi-Family
0
Businesses
68
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Listed by: Gerry Stark • RE/MAX Upper Valley
Mls Name: PrimeMLS
Mls ID: #5062783