447 Manchester StreetManchesterNH03103
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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
Total monthly income runs $3,581/mo, and a $3,304/mo payment. Purchase price stands at $675,000, and rental yield measures 6.37% with $3,581/mo rent. Return on cash invested shows 14.96% in year one, and 5% annual appreciation builds toward $186,490 over five years. Five-year ROI reaches 76.96% and total cumulative return in cash records $170,907. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,581/mo property income covering a $3,304/mo payment rather than investor’s personal income.
Multi Family
Built in 1901
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03103, Manchester, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,484 (100%) |
| Owner Occupied HU | 7,310 (44.3%) |
| Renter Occupied HU | 8,584 (52.1%) |
| Vacant Housing Units | 590 ( 3.6%) |
| Median Home Value | $386,553 |
| Average Home Value | $413,156 |
Housing Distribution
Address Breakdown
Residential
15,186
Single Family
13,315
Multi-Family
1,871
Businesses
1,320
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Listed by: Brad Croteau • Hinch-Crowley Realty Associates, LLC
Mls Name: PrimeMLS
Mls ID: #5055087