37 Channel RdAndoverNH03216
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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 Andover at 37 Channel Rd, Andover, NH, 03216 earns $1,814/mo cash flow from $3,830/mo rent with a $1,382/mo payment. Total monthly income totals $3,830/mo, and annual cash flow totals $21,768/yr on $93,582 capital. ROI tracks 43.17% on current figures, and rental yield reads 16.28% at a $282,300 purchase. Equity gained on principal adds $1,822/yr, and 5% annual appreciation supports $77,994 over five years. Five-year ROI reaches 228.81% and total cumulative return in cash sums $214,127. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,830/mo property income instead of your personal income.
Apartment
Built in 1830
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03216, Andover, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,223 (100%) |
| Owner Occupied HU | 879 (71.9%) |
| Renter Occupied HU | 169 (13.8%) |
| Vacant Housing Units | 175 (14.3%) |
| Median Home Value | $470,904 |
| Average Home Value | $583,211 |
Housing Distribution
Address Breakdown
Residential
851
Single Family
851
Multi-Family
0
Businesses
65
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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