52 Nelson StreetSalemNH03079
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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
Rental property for sale in Salem at 52 Nelson Street, Salem, NH, 03079 priced at $259,900 pairs $1,785/mo rent with $43/mo cash flow after a $1,272/mo payment. Total monthly income equals $1,785/mo, and annual cash flow comes to $516/yr on $86,157 invested. Return on cash invested is 20.51% in year one, and rental yield stands at 8.24% on a $259,900 basis. Equity gained on principal adds $1,677/yr, and 5% annual appreciation accumulates to $71,806 by year five. Five-year ROI measures 106.77% and total cumulative return in cash reaches $91,990. For financing, Ziffy Mortgage’s DSCR program evaluates $1,785/mo property income against a $1,272/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1993
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03079, Salem, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,720 (100%) |
| Owner Occupied HU | 9,543 (69.6%) |
| Renter Occupied HU | 3,512 (25.6%) |
| Vacant Housing Units | 665 ( 4.8%) |
| Median Home Value | $555,186 |
| Average Home Value | $577,277 |
Housing Distribution
Address Breakdown
Residential
13,257
Single Family
10,248
Multi-Family
3,009
Businesses
1,816
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Listed by: June Vaillancourt • Keller Williams Gateway Realty/Salem
Mls Name: PrimeMLS
Mls ID: #5062702