39 Elm StreetLancasterNH03584
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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 Lancaster at 39 Elm Street, Lancaster, NH, 03584 priced at $180,000 converts $0/mo rent into after a $881/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -4.35% in year one, and rental yield reads 0% against a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation compiles into $49,731 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $881/mo payment, not borrower’s personal income.
Multi Family
Built in 1845
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03584, Lancaster, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,882 (100%) |
| Owner Occupied HU | 1,141 (60.6%) |
| Renter Occupied HU | 452 (24.0%) |
| Vacant Housing Units | 289 (15.4%) |
| Median Home Value | $218,750 |
| Average Home Value | $229,901 |
Housing Distribution
Address Breakdown
Residential
1,638
Single Family
1,592
Multi-Family
46
Businesses
246
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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Listed by: Jodie Boutwell • BHHS Verani Bedford
Mls Name: PrimeMLS
Mls ID: #5067961