37 Alice DriveConcordNH03303
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 37 Alice Drive, Concord, NH, 03303 in Concord speaks for itself: 11% gross on a $250,000 price, generating $2,292/mo in rent and $616/mo in net income after the $1,124/mo debt service. DSCR 2.04, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,395 stacks alongside $69,070 in projected five-year appreciation and $2,303/yr in principal reduction. Projected total cumulative return: $135,013.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 5.1% |
| Monthly Cash Flow | $616 | $850 |
City averages based on Concord market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,292 |
| Total Monthly Debt Service | $1,576 |
| DSCR Ratio | 1.45x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
6,798
Single Family
5,173
Multi-Family
1,625
Businesses
269
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
6,798
Single Family
5,173
Multi-Family
1,625
Businesses
269
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Andy Yau • RE/MAX Shoreline
Mls Name: PrimeMLS
Mls ID: #5060559