56 Durham Rd UNIT 40, Dover, NH, 03820 | $835/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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56 Durham Rd UNIT 40, Dover, NH, 03820 | $835/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Dover at 56 Durham Rd UNIT 40, Dover, NH, 03820 generates $3,308/mo in rent and, after a $1,806/mo payment, leaves $835/mo in cash flow. Total monthly income is $3,308/mo, and annual cash flow is $10,017/yr on $122,324 invested. Return on cash invested sits at 28.1% in year one, and rental yield is 10.76% on a $369,000 entry. Equity gained on principal adds $2,381/yr, while 5% annual appreciation builds toward $101,948 over five years. Five-year ROI reaches 147.44% and total cumulative return in cash sums $180,351. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,308/mo property income rather than buyer’s personal income.

Townhouse

Built in 1984

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to Dover's beloved condo community of "The Garrison". This 2 bedroom, 2 bathroom condo has many updates. All new windows, slider, front door & storm door with renewable by Anderson in 2022. Mitsubishi splits installed 2022 for cooling and heating. Kitchen was updated 2022 with all new LG stainless appliances, cabinets were professionally refinished, floor was replaced along with the hall entry with vinyl planks and kitchen faucet. 1ST floor 1/2 bath and second floor full bath had Quartz counter tops installed along with new faucets 2022 . Second floor full bath had tub/shower unit replaced by Bath fitters in 2022. Light bar replaced and cabinets professionally refinished 2022. Primary bedroom glass doors replaced 2023. You will enjoy the first floor openness with access to your private deck and view of the beautiful landscape. First floor living room/dining area has hardwood flooring and Vermont casting gas stove. Lower level heated. new 200 AMP service. Water heater 2022.

Neighborhood Data

Neighborhood data shown for ZIP Code: 03820, Dover, NH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,942 (100%)
Owner Occupied HU	7,947 (49.8%)
Renter Occupied HU	7,317 (45.9%)
Vacant Housing Units	678 ( 4.3%)
Median Home Value	$496,451
Average Home Value	$516,612