585 N Ashland RoadAshlandNH03217
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 Ashland at 585 N Ashland Road, Ashland, NH, 03217 priced at $409,999 converts $3,144/mo rent into $396/mo cash flow after a $2,007/mo obligation. Total monthly income equals $3,144/mo, and annual cash flow totals $4,747/yr on $135,915 invested. Return on cash invested prints 23.4% in year one, and rental yield reads 9.2% against a $409,999 entry. Equity gained on principal adds $2,646/yr, while 5% annual appreciation compiles into $113,275 by year five. Five-year ROI reaches 122.26% and total cumulative return in cash sums $166,163. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,144/mo property income covering a $2,007/mo payment, not borrower’s personal income.
Single Family
Built in 1924
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03217, Ashland, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,436 (100%) |
| Owner Occupied HU | 649 (45.2%) |
| Renter Occupied HU | 350 (24.4%) |
| Vacant Housing Units | 437 (30.4%) |
| Median Home Value | $339,431 |
| Average Home Value | $490,936 |
Housing Distribution
Address Breakdown
Residential
632
Single Family
582
Multi-Family
50
Businesses
90
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Nearby investment properties with comparable prices
Listed by: Gus Benavides • Coldwell Banker Realty Gilford NH
Mls Name: PrimeMLS
Mls ID: #5069186