38 Tideview Drive, Dover, NH, 03820 | $275/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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38 Tideview Drive, Dover, NH, 03820 | $275/mo Cash Flow | 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

Rental property for sale in Dover at 38 Tideview Drive, Dover, NH, 03820 generates $2,815/mo in rent and, after a $1,855/mo payment, leaves $275/mo in cash flow. Total monthly income is $2,815/mo, and annual cash flow is $3,296/yr on $125,639 invested. Return on cash invested sits at 22.53% in year one, and rental yield is 8.91% on a $379,000 entry. Equity gained on principal adds $2,446/yr, while 5% annual appreciation builds toward $104,711 over five years. Five-year ROI reaches 117.58% and total cumulative return in cash sums $147,731. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,815/mo property income rather than buyer’s personal income.

Condo

Built in 1988

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to Tideview Estates! Situated on a dead end cul-de-sac in a quiet neighborhood, this townhouse style condo is ready for its next owner. This particular unit has a private feel with a view to the woods behind. As you enter you are welcomed by cathedral ceilings and natural light shining through the skylight window. The space opens up into the living room with an attached updated first-floor half bath. The living room carries over into the dining space and the kitchen features quartz counters and new appliances and plenty of cabinet space. Upstairs you have two bedrooms with the primary containing a walk-in closet. The full bathroom has a double vanity and is brightened with natural light from a skylight window. Attached to the bath is an ample laundry room with a new washer and dryer, for second floor laundry convenience. Nearby is a private vehicle accessible trail with scenic views and water access to the Bellamy River. This pet-friendly community has low HOA fees of $250. Located next to Garrison Schools ball fields, pickleball courts, and park, this home offers wonderful access to outdoor recreation. City water, sewer, and natural gas make daily living easy, while convenient proximity to Route 16, downtown Dover, Durham, and Portsmouth ensures effortless commuting and access to local amenities

Neighborhood Data

Neighborhood data shown for ZIP Code: 03820, Dover, NH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,942 (100%)
Owner Occupied HU	7,947 (49.8%)
Renter Occupied HU	7,317 (45.9%)
Vacant Housing Units	678 ( 4.3%)
Median Home Value	$496,451
Average Home Value	$516,612