48 Butler StSalemNH03079
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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 Salem at 48 Butler St, Salem, NH, 03079 offers a 7.18% rental yield on a $589,000 purchase with $3,526/mo rent. 45% in year one. Equity gained on principal adds $3,801/yr while 5% annual appreciation supports $162,730 over five years. Portfolio math shows five-year ROI at 90.27% and total cumulative return in cash at $174,926. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,526/mo property income against a $2,883/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03079, Salem, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,720 (100%) |
| Owner Occupied HU | 9,543 (69.6%) |
| Renter Occupied HU | 3,512 (25.6%) |
| Vacant Housing Units | 665 ( 4.8%) |
| Median Home Value | $555,186 |
| Average Home Value | $577,277 |
Housing Distribution
Address Breakdown
Residential
13,257
Single Family
10,248
Multi-Family
3,009
Businesses
1,816
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Listed by: Joan Powell • RE/MAX Andrew Realty Services
Mls Name: MLS PIN
Mls ID: #73472625