38 Central StreetNashuaNH03060
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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
Rental property for sale in Nashua at 38 Central Street, Nashua, NH, 03060 priced at $905,000 converts $3,900/mo rent into after a $4,430/mo obligation. Total monthly income equals $3,900/mo. Return on cash invested prints 11.33% in year one, and rental yield reads 5.17% against a $905,000 entry. Equity gained on principal adds $5,840/yr, while 5% annual appreciation compiles into $250,035 by year five. Five-year ROI reaches 57.48% and total cumulative return in cash sums $171,129. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,900/mo property income covering a $4,430/mo payment, not borrower’s personal income.
Multi Family
Built in 1945
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03060, Nashua, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,178 (100%) |
| Owner Occupied HU | 4,893 (34.5%) |
| Renter Occupied HU | 8,722 (61.5%) |
| Vacant Housing Units | 563 ( 4.0%) |
| Median Home Value | $404,772 |
| Average Home Value | $408,746 |
Housing Distribution
Address Breakdown
Residential
13,431
Single Family
9,335
Multi-Family
4,096
Businesses
1,708
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Listed by: Amy Liu • Greatland Real Estate LLC
Mls Name: PrimeMLS
Mls ID: #5060529