4 Cherry StreetBelmontNH03220
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 Belmont at 4 Cherry Street, Belmont, NH, 03220 uses $75,914 cash to close to unlock $1,391/yr annual cash flow and $116/mo monthly cash flow. Total monthly income runs $1,651/mo, and a $1,121/mo payment keeps the spread at $116/mo. Purchase price stands at $229,000, and rental yield measures 8.65% with $1,651/mo rent. Return on cash invested shows 21.74% in year one, and 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 113.35% and total cumulative return in cash records $86,045. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,651/mo property income covering a $1,121/mo payment rather than investor’s personal income.
Manufactured
Built in 2018
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03220, Belmont, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,973 (100%) |
| Owner Occupied HU | 2,572 (64.7%) |
| Renter Occupied HU | 714 (18.0%) |
| Vacant Housing Units | 687 (17.3%) |
| Median Home Value | $330,418 |
| Average Home Value | $362,935 |
Housing Distribution
Address Breakdown
Residential
2,978
Single Family
2,758
Multi-Family
220
Businesses
221
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cynthia A Dumais • Coldwell Banker Realty Bedford NH
Mls Name: PrimeMLS
Mls ID: #5061602