414 Springbrook CirclePortsmouthNH03801
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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 Portsmouth at 414 Springbrook Circle, Portsmouth, NH, 03801 uses $132,434 cash to close to unlock $3,223/yr annual cash flow and $269/mo monthly cash flow. Total monthly income runs $2,946/mo, and a $1,955/mo payment keeps the spread at $269/mo. Purchase price stands at $399,500, and rental yield measures 8.85% with $2,946/mo rent. Return on cash invested shows 22.34% in year one, and 5% annual appreciation builds toward $110,374 over five years. Five-year ROI reaches 116.57% and total cumulative return in cash records $154,383. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,946/mo property income covering a $1,955/mo payment rather than investor’s personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03801, Portsmouth, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,280 (100%) |
| Owner Occupied HU | 5,954 (48.5%) |
| Renter Occupied HU | 5,632 (45.9%) |
| Vacant Housing Units | 694 ( 5.7%) |
| Median Home Value | $709,364 |
| Average Home Value | $778,695 |
Housing Distribution
Address Breakdown
Residential
11,798
Single Family
8,732
Multi-Family
3,066
Businesses
2,488
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Listed by: Judy Williams • Judy Williams Real Estate
Mls Name: PrimeMLS
Mls ID: #5075418