40 Spring Cove Road #40NashuaNH03062
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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
Investment property for sale in Nashua at 40 Spring Cove Road #40, Nashua, NH, 03062 uses $115,992 cash to close to unlock $8,499/yr annual cash flow and $708/mo monthly cash flow. Total monthly income runs $3,054/mo, and a $1,713/mo payment keeps the spread at $708/mo. Purchase price stands at $349,900, and rental yield measures 10.47% with $3,054/mo rent. Return on cash invested shows 27.24% in year one, and 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 142.85% and total cumulative return in cash records $165,690. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,054/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Townhouse
Built in 1984
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: Sharon A Narbonne • LAER Realty Partners/Chelmsford
Mls Name: PrimeMLS
Mls ID: #5068267