57 Joppa RoadMerrimackNH03054
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Merrimack rental at 57 Joppa Road, Merrimack, NH, 03054 sits in the solid-income band: 9.58% gross yield, $3,872/mo rent, $622/mo net after the $2,180/mo debt service, DSCR 1.78. Entry price of $484,900 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $133,969 and $4,466/yr in principal reduction bring total cumulative return to $225,037.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 4.8% |
| Monthly Cash Flow | $622 | $850 |
City averages based on Merrimack market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,872 |
| Total Monthly Debt Service | $3,057 |
| DSCR Ratio | 1.27x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1968
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03054, Merrimack, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,677 (100%) |
| Owner Occupied HU | 8,935 (76.5%) |
| Renter Occupied HU | 2,428 (20.8%) |
| Vacant Housing Units | 314 ( 2.7%) |
| Median Home Value | $492,407 |
| Average Home Value | $542,626 |
Housing Distribution
Address Breakdown
Residential
11,232
Single Family
10,546
Multi-Family
686
Businesses
942
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
Single Family
Built in 1968
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03054, Merrimack, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,677 (100%) |
| Owner Occupied HU | 8,935 (76.5%) |
| Renter Occupied HU | 2,428 (20.8%) |
| Vacant Housing Units | 314 ( 2.7%) |
| Median Home Value | $492,407 |
| Average Home Value | $542,626 |
Housing Distribution
Address Breakdown
Residential
11,232
Single Family
10,546
Multi-Family
686
Businesses
942
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brad Bosse • EXP Realty
Mls Name: PrimeMLS
Mls ID: #5076897