415 Ocean Boulevard #2EHamptonNH03842
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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 Hampton at 415 Ocean Boulevard #2E, Hampton, NH, 03842 generates $1,920/mo in rent and, after a $1,272/mo payment, leaves $178/mo in cash flow. Total monthly income is $1,920/mo, and annual cash flow is $2,136/yr on $86,157 invested. Return on cash invested sits at 22.39% in year one, and rental yield is 8.86% on a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 116.87% and total cumulative return in cash sums $100,690. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,920/mo property income rather than buyer’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03842, Hampton, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,356 (100%) |
| Owner Occupied HU | 5,610 (54.2%) |
| Renter Occupied HU | 2,214 (21.4%) |
| Vacant Housing Units | 2,532 (24.4%) |
| Median Home Value | $638,129 |
| Average Home Value | $699,461 |
Housing Distribution
Address Breakdown
Residential
8,889
Single Family
7,030
Multi-Family
1,859
Businesses
632
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Listed by: Aaron Dolan • Harris Real Estate
Mls Name: PrimeMLS
Mls ID: #5062151