552 S Main StNewportNH03773
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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 Newport at 552 S Main St, Newport, NH, 03773 priced at $350,000 converts $2,633/mo rent into $287/mo cash flow after a $1,713/mo obligation. Total monthly income equals $2,633/mo, and annual cash flow totals $3,445/yr on $116,025 invested. Return on cash invested prints 22.88% in year one, and rental yield reads 9.03% against a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,699 by year five. Five-year ROI reaches 119.47% and total cumulative return in cash sums $138,614. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,633/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 1950
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03773, Newport, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,933 (100%) |
| Owner Occupied HU | 2,387 (60.7%) |
| Renter Occupied HU | 1,084 (27.6%) |
| Vacant Housing Units | 462 (11.7%) |
| Median Home Value | $290,749 |
| Average Home Value | $338,144 |
Housing Distribution
Address Breakdown
Residential
3,311
Single Family
3,116
Multi-Family
195
Businesses
295
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