4 Strawberry Bank Road #1NashuaNH03062
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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 Nashua at 4 Strawberry Bank Road #1, Nashua, NH, 03062 priced at $299,000 converts $2,345/mo rent into $341/mo cash flow after a $1,463/mo obligation. Total monthly income equals $2,345/mo, and annual cash flow totals $4,096/yr on $99,119 invested. Return on cash invested prints 24.04% in year one, and rental yield reads 9.41% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 125.7% and total cumulative return in cash sums $124,594. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,345/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Condo
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03062, Nashua, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,354 (100%) |
| Owner Occupied HU | 8,454 (68.4%) |
| Renter Occupied HU | 3,732 (30.2%) |
| Vacant Housing Units | 168 ( 1.4%) |
| Median Home Value | $467,670 |
| Average Home Value | $491,020 |
Housing Distribution
Address Breakdown
Residential
12,104
Single Family
8,775
Multi-Family
3,329
Businesses
438
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Listed by: Lisa M Gray • Lamacchia Realty, Inc.
Mls Name: PrimeMLS
Mls ID: #5071874