45 Snumshire LaneCharlestownNH03603
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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 Charlestown at 45 Snumshire Lane, Charlestown, NH, 03603 priced at $312,000 converts $2,822/mo rent into $731/mo cash flow after a $1,527/mo obligation. Total monthly income equals $2,822/mo, and annual cash flow totals $8,770/yr on $103,428 invested. Return on cash invested prints 28.39% in year one, and rental yield reads 10.85% against a $312,000 entry. Equity gained on principal adds $2,013/yr, while 5% annual appreciation compiles into $86,200 by year five. Five-year ROI reaches 148.98% and total cumulative return in cash sums $154,091. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,822/mo property income covering a $1,527/mo payment, not borrower’s personal income.
Manufactured
Built in 2013
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03603, Charlestown, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,370 (100%) |
| Owner Occupied HU | 1,710 (72.2%) |
| Renter Occupied HU | 455 (19.2%) |
| Vacant Housing Units | 205 ( 8.6%) |
| Median Home Value | $203,136 |
| Average Home Value | $207,456 |
Housing Distribution
Address Breakdown
Residential
1,900
Single Family
1,879
Multi-Family
21
Businesses
125
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Listed by: Bonnie Miles • Coldwell Banker Homes Unlimited
Mls Name: PrimeMLS
Mls ID: #5056009