40 Joanne DriveHooksettNH03106
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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 Hooksett at 40 Joanne Drive, Hooksett, NH, 03106 priced at $550,000 pairs $4,352/mo rent with $665/mo cash flow after a $2,692/mo payment. Total monthly income equals $4,352/mo, and annual cash flow comes to $7,985/yr on $180,950 invested. Return on cash invested is 24.47% in year one, and rental yield stands at 9.5% on a $550,000 basis. Equity gained on principal adds $3,549/yr, and 5% annual appreciation accumulates to $151,955 by year five. Five-year ROI measures 127.97% and total cumulative return in cash reaches $231,562. For financing, Ziffy Mortgage’s DSCR program evaluates $4,352/mo property income against a $2,692/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1987
1.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03106, Hooksett, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,049 (100%) |
| Owner Occupied HU | 4,733 (78.2%) |
| Renter Occupied HU | 1,211 (20.0%) |
| Vacant Housing Units | 105 ( 1.7%) |
| Median Home Value | $452,504 |
| Average Home Value | $498,299 |
Housing Distribution
Address Breakdown
Residential
5,918
Single Family
4,682
Multi-Family
1,236
Businesses
692
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Listed by: Elise M Harnisch • Keller Williams Realty-Metropolitan
Mls Name: PrimeMLS
Mls ID: #5075320