5 Fernwood DriveMerrimackNH03054
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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 Merrimack at 5 Fernwood Drive, Merrimack, NH, 03054 priced at $650,000 pairs $4,724/mo rent with $368/mo cash flow after a $3,181/mo payment. Total monthly income equals $4,724/mo, and annual cash flow comes to $4,411/yr on $213,850 invested. Return on cash invested is 22.12% in year one, and rental yield stands at 8.72% on a $650,000 basis. Equity gained on principal adds $4,194/yr, and 5% annual appreciation accumulates to $179,583 by year five. Five-year ROI measures 115.36% and total cumulative return in cash reaches $246,698. For financing, Ziffy Mortgage’s DSCR program evaluates $4,724/mo property income against a $3,181/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1972
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03054, Merrimack, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,677 (100%) |
| Owner Occupied HU | 8,935 (76.5%) |
| Renter Occupied HU | 2,428 (20.8%) |
| Vacant Housing Units | 314 ( 2.7%) |
| Median Home Value | $492,407 |
| Average Home Value | $542,626 |
Housing Distribution
Address Breakdown
Residential
11,232
Single Family
10,546
Multi-Family
686
Businesses
942
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Listed by: Laurie Norton Team • BHGRE Masiello Bedford
Mls Name: PrimeMLS
Mls ID: #5070556