47 Clover Ridge RoadMeredithNH03253
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Meredith at 47 Clover Ridge Road, Meredith, NH, 03253 offers $4,800/mo rent that, after a $7,807/mo payment. Total monthly income is $4,800/mo. Return on cash invested measures 6.69% in year one, and rental yield stands at 3.61% at a $1,595,000 entry. Equity gained on principal adds $10,292/yr while 5% annual appreciation compounds into $440,669 by year five. Five-year ROI records 32.54% and total cumulative return in cash reaches $168,185. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,800/mo property income versus a $7,807/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03253, Meredith, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,928 (100%) |
| Owner Occupied HU | 2,377 (48.2%) |
| Renter Occupied HU | 710 (14.4%) |
| Vacant Housing Units | 1,841 (37.4%) |
| Median Home Value | $534,363 |
| Average Home Value | $686,528 |
Housing Distribution
Address Breakdown
Residential
3,261
Single Family
2,909
Multi-Family
352
Businesses
393
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Listed by: Kara Chase • Legacy Group/ Real Broker NH, LLC
Mls Name: PrimeMLS
Mls ID: #5057495