408 Manchester RoadAuburnNH03032
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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 Auburn at 408 Manchester Road, Auburn, NH, 03032 priced at $485,000 converts $3,608/mo rent into $357/mo cash flow after a $2,374/mo obligation. Total monthly income equals $3,608/mo, and annual cash flow totals $4,283/yr on $160,778 invested. Return on cash invested prints 22.57% in year one, and rental yield reads 8.93% against a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation compiles into $133,997 by year five. Five-year ROI reaches 117.79% and total cumulative return in cash sums $189,374. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,608/mo property income covering a $2,374/mo payment, not borrower’s personal income.
Single Family
Built in 1950
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03032, Auburn, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,201 (100%) |
| Owner Occupied HU | 2,026 (92.0%) |
| Renter Occupied HU | 143 ( 6.5%) |
| Vacant Housing Units | 32 ( 1.5%) |
| Median Home Value | $615,672 |
| Average Home Value | $705,713 |
Housing Distribution
Address Breakdown
Residential
2,137
Single Family
2,137
Multi-Family
0
Businesses
156
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Listed by: Genevieve Pandolfo • BHHS Verani Bedford
Mls Name: PrimeMLS
Mls ID: #5073239