360 School StreetBerlinNH03570
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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
Investment property for sale in Berlin at 360 School Street, Berlin, NH, 03570 uses $59,637 cash to close to unlock $6,920/yr annual cash flow and $577/mo monthly cash flow. Total monthly income runs $1,783/mo, and a $881/mo payment keeps the spread at $577/mo. Purchase price stands at $179,900, and rental yield measures 11.89% with $1,783/mo rent. Return on cash invested shows 31.51% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 165.76% and total cumulative return in cash records $98,853. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,783/mo property income covering a $881/mo payment rather than investor’s personal income.
Multi Family
Built in 1915
4,792 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03570, Berlin, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,818 (100%) |
| Owner Occupied HU | 2,555 (53.0%) |
| Renter Occupied HU | 1,542 (32.0%) |
| Vacant Housing Units | 721 (15.0%) |
| Median Home Value | $110,871 |
| Average Home Value | $154,447 |
Housing Distribution
Address Breakdown
Residential
4,379
Single Family
4,273
Multi-Family
106
Businesses
303
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Listed by: Christopher Lunn • RE/MAX Northern Edge Realty LLC
Mls Name: PrimeMLS
Mls ID: #5058564