58 Main StreetAndoverNH03216
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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 Andover at 58 Main Street, Andover, NH, 03216 earns from $2,826/mo rent with a $2,814/mo payment. Total monthly income totals $2,826/mo. ROI tracks 13.54% on current figures, and rental yield reads 5.9% at a $574,999 purchase. Equity gained on principal adds $3,710/yr, and 5% annual appreciation supports $158,862 over five years. Five-year ROI reaches 69.35% and total cumulative return in cash sums $131,194. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,826/mo property income instead of your personal income.
Single Family
Built in 2003
3.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03216, Andover, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,223 (100%) |
| Owner Occupied HU | 879 (71.9%) |
| Renter Occupied HU | 169 (13.8%) |
| Vacant Housing Units | 175 (14.3%) |
| Median Home Value | $470,904 |
| Average Home Value | $583,211 |
Housing Distribution
Address Breakdown
Residential
851
Single Family
851
Multi-Family
0
Businesses
65
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Listed by: Nicholas Repp • Lake Farm Realty
Mls Name: PrimeMLS
Mls ID: #5072432