5 College HillHanoverNH03755
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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
Rental property for sale in Hanover at 5 College Hill, Hanover, NH, 03755 generates $4,187/mo in rent and, after a $2,296/mo payment, leaves $1,043/mo in cash flow. Total monthly income is $4,187/mo, and annual cash flow is $12,515/yr on $155,474 invested. Return on cash invested sits at 27.96% in year one, and rental yield is 10.71% on a $469,000 entry. Equity gained on principal adds $3,026/yr, while 5% annual appreciation builds toward $129,576 over five years. Five-year ROI reaches 146.68% and total cumulative return in cash sums $228,043. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,187/mo property income rather than buyer’s personal income.
Townhouse
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03755, Hanover, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,061 (100%) |
| Owner Occupied HU | 1,739 (56.8%) |
| Renter Occupied HU | 1,064 (34.8%) |
| Vacant Housing Units | 258 ( 8.4%) |
| Median Home Value | $767,920 |
| Average Home Value | $882,371 |
Housing Distribution
Address Breakdown
Residential
2,957
Single Family
2,199
Multi-Family
758
Businesses
1,051
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Listed by: Melissa Robinson • Coldwell Banker LIFESTYLES - Hanover
Mls Name: PrimeMLS
Mls ID: #5048979