484 First AvenueBerlinNH03570
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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
Investment property for sale in Berlin at 484 First Avenue, Berlin, NH, 03570 offers a 9.14% rental yield on a $138,000 purchase with $1,051/mo rent. Total monthly income registers $1,051/mo, and a $675/mo payment leaves $126/mo available for distribution. Annual cash flow reaches $1,517/yr on $45,747 to close, and return on cash invested stands at 23.23% in year one. Equity gained on principal adds $890/yr while 5% annual appreciation supports $38,127 over five years. Portfolio math shows five-year ROI at 121.36% and total cumulative return in cash at $55,518. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,051/mo property income against a $675/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1922
4,792 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03570, Berlin, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,818 (100%) |
| Owner Occupied HU | 2,555 (53.0%) |
| Renter Occupied HU | 1,542 (32.0%) |
| Vacant Housing Units | 721 (15.0%) |
| Median Home Value | $110,871 |
| Average Home Value | $154,447 |
Housing Distribution
Address Breakdown
Residential
4,379
Single Family
4,273
Multi-Family
106
Businesses
303
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Listed by: Don Lapointe • Badger Peabody & Smith Realty
Mls Name: PrimeMLS
Mls ID: #5071414