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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Derry at 5 Richardson Drive #R, Derry, NH, 03038 priced at $399,000 pairs $2,160/mo rent with after a $1,953/mo payment. Total monthly income equals $2,160/mo. Return on cash invested is 15.24% in year one, and rental yield stands at 6.5% on a $399,000 basis. Equity gained on principal adds $2,575/yr, and 5% annual appreciation accumulates to $110,236 by year five. Five-year ROI measures 78.51% and total cumulative return in cash reaches $103,838. For financing, Ziffy Mortgage’s DSCR program evaluates $2,160/mo property income against a $1,953/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1987
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 03038, Derry, NH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,587 (100%) |
| Owner Occupied HU | 9,531 (65.3%) |
| Renter Occupied HU | 4,609 (31.6%) |
| Vacant Housing Units | 447 ( 3.1%) |
| Median Home Value | $482,768 |
| Average Home Value | $548,921 |
Residential
13,786
Single Family
10,398
Multi-Family
3,388
Businesses
871
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jessica L Provencher • REAL Broker NH, LLC
Mls Name: PrimeMLS
Mls ID: #5056361
