56 West StreetMilfordNH03055
Nearby investment properties with comparable rents
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 Milford at 56 West Street, Milford, NH, 03055 priced at $435,000 pairs $3,296/mo rent with $380/mo cash flow after a $2,129/mo payment. Total monthly income equals $3,296/mo, and annual cash flow comes to $4,564/yr on $144,203 invested. Return on cash invested is 23.07% in year one, and rental yield stands at 9.09% on a $435,000 basis. Equity gained on principal adds $2,807/yr, and 5% annual appreciation accumulates to $120,182 by year five. Five-year ROI measures 120.5% and total cumulative return in cash reaches $173,760. For financing, Ziffy Mortgage’s DSCR program evaluates $3,296/mo property income against a $2,129/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1950
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03055, Milford, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,847 (100%) |
| Owner Occupied HU | 4,210 (61.5%) |
| Renter Occupied HU | 2,486 (36.3%) |
| Vacant Housing Units | 151 ( 2.2%) |
| Median Home Value | $446,232 |
| Average Home Value | $473,977 |
Housing Distribution
Address Breakdown
Residential
6,787
Single Family
5,178
Multi-Family
1,609
Businesses
625
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Matthew Lefebvre • Downtown Realty
Mls Name: PrimeMLS
Mls ID: #5054438