39 Glengarry Drive, Stratham, NH, 03885 | $59/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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39 Glengarry Drive, Stratham, NH, 03885 | $59/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 Stratham at 39 Glengarry Drive, Stratham, NH, 03885 priced at $309,000 pairs $2,130/mo rent with $59/mo cash flow after a $1,512/mo payment. Total monthly income equals $2,130/mo, and annual cash flow comes to $711/yr on $102,434 invested. Return on cash invested is 20.6% in year one, and rental yield stands at 8.27% on a $309,000 basis. Equity gained on principal adds $1,994/yr, and 5% annual appreciation accumulates to $85,371 by year five. Five-year ROI measures 107.28% and total cumulative return in cash reaches $109,889. For financing, Ziffy Mortgage’s DSCR program evaluates $2,130/mo property income against a $1,512/mo payment instead of your W2s, 1099s, or Tax returns.

Townhouse

Built in 1986

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to this highly desired townhouse-style condominium located in the sought-after Glengarry Condominiums, just steps from Great Bay! This home offers a perfect blend of comfort and convenience, featuring a spacious and flexible layout ideal for a variety of lifestyles. Investor/Visionary Alert! This unit is primed for personalized updates. A little paint, new flooring, and vision are all that's needed to transform this space into your dream home and build instant equity. This is an excellent way to get into the highly competitive Stratham housing market at an accessible price point! Soaring Cathedral Ceilings create an airy, open feel in the main living area, complemented by an abundance of natural light. Flexible Layout: The home features a comfortable Primary Bedroom on the first floor for easy living. Bonus Loft Space: Head upstairs to the versatile second-floor loft areaperfect for a home office, den, guest space, or hobby room. Fully Applianced Kitchen ready for immediate use. A huge selling point is the full basement, which offers a ton of storage space for all your belongings and hobbies. Enjoy the beautiful Seacoast location with the Great Bay Discovery Center and Stratham Hill Park just a short walk away, offering hiking, bird watching, and kayaking opportunities. Excellent commuting access to Portsmouth, Exeter, and the Pease Trade Port and an hour to Boston! No dogs allowed-Occupancy limited to 2 people per unit.

Neighborhood Data

Neighborhood data shown for ZIP Code: 03885, Stratham, NH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,109 (100%)
Owner Occupied HU	2,766 (89.0%)
Renter Occupied HU	279 ( 9.0%)
Vacant Housing Units	64 ( 2.1%)
Median Home Value	$691,210
Average Home Value	$753,709