449 Ocean Boulevard #212HamptonNH03842
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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 Hampton at 449 Ocean Boulevard #212, Hampton, NH, 03842 uses $102,732 cash to close to unlock $295/yr annual cash flow and $25/mo monthly cash flow. Total monthly income runs $2,102/mo, and a $1,517/mo payment keeps the spread at $25/mo. Purchase price stands at $309,900, and rental yield measures 8.14% with $2,102/mo rent. Return on cash invested shows 20.2% in year one, and 5% annual appreciation builds toward $85,620 over five years. Five-year ROI reaches 105.08% and total cumulative return in cash records $107,952. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,102/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Condo
Built in 1940
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: Kathy Macgregor • McGuirk Properties, LLC
Mls Name: PrimeMLS
Mls ID: #5063427