45 Atlantic AvenueNorth HamptonNH03862
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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 North Hampton at 45 Atlantic Avenue, North Hampton, NH, 03862 priced at $1,299,000 converts $6,424/mo rent into after a $6,358/mo obligation. Total monthly income equals $6,424/mo. Return on cash invested prints 13.86% in year one, and rental yield reads 5.93% against a $1,299,000 entry. Equity gained on principal adds $8,382/yr, while 5% annual appreciation compiles into $358,890 by year five. Five-year ROI reaches 71% and total cumulative return in cash sums $298,801. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,424/mo property income covering a $6,358/mo payment, not borrower’s personal income.
Single Family
Built in 1825
1.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03862, North Hampton, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,049 (100%) |
| Owner Occupied HU | 1,696 (82.8%) |
| Renter Occupied HU | 218 (10.6%) |
| Vacant Housing Units | 135 ( 6.6%) |
| Median Home Value | $791,466 |
| Average Home Value | $865,159 |
Housing Distribution
Address Breakdown
Residential
1,964
Single Family
1,738
Multi-Family
226
Businesses
406
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Listed by: Jennifer Madden • Madden Group
Mls Name: PrimeMLS
Mls ID: #5048789