457 Merrimack 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
Investment property for sale in Manchester at 457 Merrimack Street, Manchester, NH, 03103 at $553,000 posts ROI 20.05% with from $3,706/mo rent. Total monthly income equals $3,706/mo. Return on cash invested measures 20.05% and rental yield reads 8.04% at the current $553,000. Equity gained on principal adds $3,568/yr, and 5% annual appreciation supports $152,784 by year five. Five-year ROI prints 104.26% and total cumulative return in cash totals $189,688. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,706/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1965
5,663 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: #5055586