37 Cedar Point Road, Durham, NH, 03824 | 6.7% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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37 Cedar Point Road, Durham, NH, 03824 | 6.7% Rental Yield | 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

Total monthly income runs $3,626/mo, and a $3,181/mo payment. Purchase price stands at $649,900, and rental yield measures 6.7% with $3,626/mo rent. Return on cash invested shows 15.96% in year one, and 5% annual appreciation builds toward $179,555 over five years. Five-year ROI reaches 82.32% and total cumulative return in cash records $176,010. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,626/mo property income covering a $3,181/mo payment rather than investor’s personal income.

Single Family

Built in 1987

5,663 sqft lot

$N/A/sqft

No HOA

More details about the property

Enjoy this beautiful move in ready home in Durham with sweeping water views of Great Bay! Maintenance free exterior with many updates including porcelain tile kitchen floor & back splash, whole house generator, Level 2 EV charger, bamboo floors in the main living area, Mitsubishi Mini-Split (heating & cooling) and a beautiful landscaped fenced in back yard. The second-floor open concept living area has cathedral ceilings and captures the sweeping ocean views from the large wall of windows and boasts a generous modern kitchen with Silestone countertop, maple cabinets and a half bath for convenience. Enjoy the panoramic ocean views from your rear deck. The first floor features a large master bedroom with water views, a second bedroom, full bath with two sinks, laundry room, and a three-season porch. Home has a full walk-out basement with Modine heater, a Viessmann propane boiler and a new reverse osmosis whole house water treatment system with 300-gallon cistern for plenty of treated water storage. This is a special property ideally located on a private dead-end town-maintained road with easy access to all major routes, shopping and restaurants and is in the sought after Oyster River school system. A boater's delight, with potential mooring availability right outside your door with easy water access and a boat launch right down the street. This home will not last long! First showings at open house on Sunday October 19, 11:00 to 1:00.

Neighborhood Data

Neighborhood data shown for ZIP Code: 03824, Durham, NH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,006 (100%)
Owner Occupied HU	2,024 (50.5%)
Renter Occupied HU	1,381 (34.5%)
Vacant Housing Units	601 (15.0%)
Median Home Value	$528,356
Average Home Value	$584,769