4 Cedar StreetDerryNH03038
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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 Derry at 4 Cedar Street, Derry, NH, 03038 priced at $415,000 pairs $2,820/mo rent with $39/mo cash flow after a $2,031/mo payment. Total monthly income equals $2,820/mo, and annual cash flow comes to $462/yr on $137,573 invested. Return on cash invested is 20.25% in year one, and rental yield stands at 8.15% on a $415,000 basis. Equity gained on principal adds $2,678/yr, and 5% annual appreciation accumulates to $114,657 by year five. Five-year ROI measures 105.33% and total cumulative return in cash reaches $144,909. For financing, Ziffy Mortgage’s DSCR program evaluates $2,820/mo property income against a $2,031/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1910
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03038, Derry, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,587 (100%) |
| Owner Occupied HU | 9,531 (65.3%) |
| Renter Occupied HU | 4,609 (31.6%) |
| Vacant Housing Units | 447 ( 3.1%) |
| Median Home Value | $482,768 |
| Average Home Value | $548,921 |
Housing Distribution
Address Breakdown
Residential
13,786
Single Family
10,398
Multi-Family
3,388
Businesses
871
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Listed by: Janelle Bohan • REAL Broker NH, LLC
Mls Name: PrimeMLS
Mls ID: #5067156