461 Ocean Boulevard #A7HamptonNH03842
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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 Hampton at 461 Ocean Boulevard #A7, Hampton, NH, 03842 generates $2,687/mo in rent, after a $2,521/mo payment. Total monthly income is $2,687/mo. Return on cash invested sits at 14.64% in year one, and rental yield is 6.26% on a $515,000 entry. Equity gained on principal adds $3,323/yr, while 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 75.23% and total cumulative return in cash sums $127,465. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,687/mo property income rather than buyer’s personal income.
Condo
Built in 1982
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: Krista Lombardi • New Space Real Estate, LLC
Mls Name: PrimeMLS
Mls ID: #5070142