53 Lawrence RoadSalemNH03079
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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
Investment property for sale in Salem at 53 Lawrence Road, Salem, NH, 03079 uses $132,567 cash to close to unlock $11,266/yr annual cash flow and $939/mo monthly cash flow. Total monthly income runs $3,619/mo, and a $1,957/mo payment keeps the spread at $939/mo. Purchase price stands at $399,900, and rental yield measures 10.86% with $3,619/mo rent. Return on cash invested shows 28.41% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 149.08% and total cumulative return in cash records $197,636. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,619/mo property income covering a $1,957/mo payment rather than investor’s personal income.
Single Family
Built in 1953
6,970 sqft 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: Sean Bakhtiari • Compass New England, LLC
Mls Name: PrimeMLS
Mls ID: #5060349