37 Alice Drive, Concord, NH, 03303 | $616/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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37 Alice Drive, Concord, NH, 03303 | $616/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Concord at 37 Alice Drive, Concord, NH, 03303 earns $616/mo cash flow from $2,292/mo rent with a $1,224/mo payment. Total monthly income totals $2,292/mo, and annual cash flow totals $7,391/yr on $82,875 capital. ROI tracks 28.83% on current figures, and rental yield reads 11% at a $250,000 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 151.32% and total cumulative return in cash sums $125,410. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,292/mo property income instead of your personal income.

Condo

Built in 1987

N/A lot

$N/A/sqft

No HOA

More details about the property

Discover the appeal of this well-updated, cozy 2-bedroom, 2-bath condo unit! This inviting space welcomes you with a spacious living room, a convenient dining area, and a well-equipped kitchen boasting butcher block countertops, stainless steel appliances, and recessed lighting. Featuring two full bathrooms and bedrooms that offer ample size for comfortable living. Enjoy the added convenience of a utility room with stackable washer/dryer included. One of the larger units in the Master Yard to the West community with low HOA fees of just $299/month, it features a sought-after master yard to the west. Step out to a large backyard perfect for pets, gatherings, or gardening, or relax on the covered front porch with a view. Tucked away in a quiet location, you'll appreciate the convenient access near major highways, shopping, and outdoor recreation, while being centrally located to New Hampshires lakes, mountains, and beaches for weekend adventuresideal for first-time buyers, downsizers, or investors seeking move-in-ready appeal in this FHA-approved, pet-friendly community.

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