43 Westmoreland RoadSpoffordNH03462
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Spofford at 43 Westmoreland Road, Spofford, NH, 03462 offers $2,224/mo rent that, after a $1,517/mo payment, leaves $147/mo cash flow. Total monthly income is $2,224/mo, and annual cash flow is $1,759/yr on $102,732 cash. Return on cash invested measures 21.62% in year one, and rental yield stands at 8.61% at a $309,900 entry. Equity gained on principal adds $2,000/yr while 5% annual appreciation compounds into $85,620 by year five. Five-year ROI records 112.71% and total cumulative return in cash reaches $115,788. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,224/mo property income versus a $1,517/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1820
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03462, Spofford, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 911 (100%) |
| Owner Occupied HU | 612 (67.2%) |
| Renter Occupied HU | 117 (12.8%) |
| Vacant Housing Units | 182 (20.0%) |
| Median Home Value | $456,311 |
| Average Home Value | $514,257 |
Housing Distribution
Address Breakdown
Residential
613
Single Family
613
Multi-Family
0
Businesses
42
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Listed by: Jerry Chandler • R.H. Thackston & Company
Mls Name: PrimeMLS
Mls ID: #5067726