35 Melody LaneHillsboroNH03244
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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 Hillsboro at 35 Melody Lane, Hillsboro, NH, 03244 priced at $329,900 pairs $1,620/mo rent with after a $1,615/mo payment. Total monthly income equals $1,620/mo. Return on cash invested is 13.42% in year one, and rental yield stands at 5.89% on a $329,900 basis. Equity gained on principal adds $2,129/yr, and 5% annual appreciation accumulates to $91,145 by year five. Five-year ROI measures 68.73% and total cumulative return in cash reaches $75,159. For financing, Ziffy Mortgage’s DSCR program evaluates $1,620/mo property income against a $1,615/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1988
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03244, Hillsboro, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,987 (100%) |
| Owner Occupied HU | 2,727 (68.4%) |
| Renter Occupied HU | 706 (17.7%) |
| Vacant Housing Units | 554 (13.9%) |
| Median Home Value | $349,666 |
| Average Home Value | $373,546 |
Housing Distribution
Address Breakdown
Residential
2,944
Single Family
2,367
Multi-Family
577
Businesses
187
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Listed by: Jordan Tillery • BHGRE Masiello Bedford
Mls Name: PrimeMLS
Mls ID: #5051736