47 Newmarket RoadDurhamNH03824
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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 Durham at 47 Newmarket Road, Durham, NH, 03824 offers a 9.28% rental yield on a $489,000 purchase with $3,780/mo rent. Total monthly income registers $3,780/mo, and a $2,393/mo payment leaves $503/mo available for distribution. Annual cash flow reaches $6,033/yr on $162,104 to close, and return on cash invested stands at 23.63% in year one. Equity gained on principal adds $3,155/yr while 5% annual appreciation supports $135,102 over five years. Portfolio math shows five-year ROI at 123.47% and total cumulative return in cash at $200,146. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,780/mo property income against a $2,393/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1800
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03824, Durham, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,006 (100%) |
| Owner Occupied HU | 2,024 (50.5%) |
| Renter Occupied HU | 1,381 (34.5%) |
| Vacant Housing Units | 601 (15.0%) |
| Median Home Value | $528,356 |
| Average Home Value | $584,769 |
Housing Distribution
Address Breakdown
Residential
3,770
Single Family
2,852
Multi-Family
918
Businesses
284
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Listed by: Beth Rohde Campbell • BHG Masiello Durham
Mls Name: PrimeMLS
Mls ID: #5073340