38 Water StreetRumneyNH03266
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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 Rumney at 38 Water Street, Rumney, NH, 03266 priced at $897,000 pairs $4,178/mo rent with after a $4,390/mo payment. Total monthly income equals $4,178/mo. Return on cash invested is 12.6% in year one, and rental yield stands at 5.59% on a $897,000 basis. Equity gained on principal adds $5,788/yr, and 5% annual appreciation accumulates to $247,825 by year five. Five-year ROI measures 64.3% and total cumulative return in cash reaches $189,750. For financing, Ziffy Mortgage’s DSCR program evaluates $4,178/mo property income against a $4,390/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1860
2.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03266, Rumney, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,322 (100%) |
| Owner Occupied HU | 806 (61.0%) |
| Renter Occupied HU | 138 (10.4%) |
| Vacant Housing Units | 378 (28.6%) |
| Median Home Value | $377,626 |
| Average Home Value | $399,367 |
Housing Distribution
Address Breakdown
Residential
929
Single Family
922
Multi-Family
7
Businesses
55
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Listed by: Timothy Morgan • RE/MAX Innovative Properties
Mls Name: PrimeMLS
Mls ID: #5062995