49 Exeter RoadNorth HamptonNH03862
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 North Hampton at 49 Exeter Road, North Hampton, NH, 03862 priced at $599,000 converts $4,800/mo rent into $785/mo cash flow after a $2,932/mo obligation. Total monthly income equals $4,800/mo, and annual cash flow totals $9,418/yr on $197,071 invested. Return on cash invested prints 24.84% in year one, and rental yield reads 9.62% against a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation compiles into $165,493 by year five. Five-year ROI reaches 129.92% and total cumulative return in cash sums $256,042. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,800/mo property income covering a $2,932/mo payment, not borrower’s personal income.
Single Family
Built in 1850
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03862, North Hampton, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,049 (100%) |
| Owner Occupied HU | 1,696 (82.8%) |
| Renter Occupied HU | 218 (10.6%) |
| Vacant Housing Units | 135 ( 6.6%) |
| Median Home Value | $791,466 |
| Average Home Value | $865,159 |
Housing Distribution
Address Breakdown
Residential
1,964
Single Family
1,738
Multi-Family
226
Businesses
406
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Listed by: Alicia Goodwin • KW Coastal and Lakes & Mountains Realty
Mls Name: PrimeMLS
Mls ID: #5070135