380 Ocean Road #9PortsmouthNH03801
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Portsmouth at 380 Ocean Road #9, Portsmouth, NH, 03801 listed at $445,000 pairs $3,512/mo rent with a $2,178/mo payment to leave $529/mo cash flow. Total monthly income runs $3,512/mo, and annual cash flow reaches $6,351/yr on $147,518 cash to close. Return on cash invested measures 24.21% in year one, and rental yield registers 9.47% at a $445,000 basis. Equity gained on principal adds $2,872/yr, and annual property appreciation at 5% supports $122,945 by year five. Five-year ROI tracks 126.62% and total cumulative return in cash totals $186,788. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,512/mo property income relative to a $2,178/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03801, Portsmouth, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,280 (100%) |
| Owner Occupied HU | 5,954 (48.5%) |
| Renter Occupied HU | 5,632 (45.9%) |
| Vacant Housing Units | 694 ( 5.7%) |
| Median Home Value | $709,364 |
| Average Home Value | $778,695 |
Housing Distribution
Address Breakdown
Residential
11,798
Single Family
8,732
Multi-Family
3,066
Businesses
2,488
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Donna Desrosiers • H&K REALTY
Mls Name: PrimeMLS
Mls ID: #5070839