42 Richardson StreetRochesterNH03867
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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 Rochester at 42 Richardson Street, Rochester, NH, 03867 with 5% annual appreciation on a $349,000 basis while $2,880/mo rent supports operations. Total monthly income totals $2,880/mo and a $1,708/mo payment preserves $541/mo for cash returns. Annual cash flow comes to $6,491/yr on $115,694 deployed, and return on cash invested reaches 25.52% in year one. Equity gained on principal adds $2,252/yr, and five-year appreciation sums $96,422 alongside rental yield of 9.9%. Five-year ROI measures 133.59% and total cumulative return in cash totals $154,560.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,880/mo property income versus a $1,708/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1952
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03867, Rochester, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,850 (100%) |
| Owner Occupied HU | 6,574 (60.6%) |
| Renter Occupied HU | 3,670 (33.8%) |
| Vacant Housing Units | 606 ( 5.6%) |
| Median Home Value | $340,415 |
| Average Home Value | $370,894 |
Housing Distribution
Address Breakdown
Residential
10,136
Single Family
7,703
Multi-Family
2,433
Businesses
597
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Listed by: Jackie Flanagan • Great Island Realty LLC
Mls Name: PrimeMLS
Mls ID: #5066770