38 Midridge CircleLondonderryNH03053
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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 Londonderry at 38 Midridge Circle, Londonderry, NH, 03053 offers $2,801/mo rent that, after a $1,395/mo payment, leaves $891/mo cash flow. Total monthly income is $2,801/mo, and annual cash flow is $10,688/yr on $94,477 cash. Return on cash invested measures 31.22% in year one, and rental yield stands at 11.79% at a $284,999 entry. Equity gained on principal adds $1,839/yr while 5% annual appreciation compounds into $78,740 by year five. Five-year ROI records 164.2% and total cumulative return in cash reaches $155,130. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,801/mo property income versus a $1,395/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03053, Londonderry, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,495 (100%) |
| Owner Occupied HU | 8,550 (81.5%) |
| Renter Occupied HU | 1,717 (16.4%) |
| Vacant Housing Units | 228 ( 2.2%) |
| Median Home Value | $561,735 |
| Average Home Value | $571,522 |
Housing Distribution
Address Breakdown
Residential
10,220
Single Family
8,485
Multi-Family
1,735
Businesses
1,072
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Listed by: Carolyn Corbett • Century 21 North East
Mls Name: PrimeMLS
Mls ID: #5074158