59 Cluff Road #50SalemNH03079
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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 Salem at 59 Cluff Road #50, Salem, NH, 03079 listed at $367,000 pairs $2,674/mo rent with a $1,796/mo payment to leave $214/mo cash flow. Total monthly income runs $2,674/mo, and annual cash flow reaches $2,572/yr on $121,661 cash to close. Return on cash invested measures 22.02% in year one, and rental yield registers 8.74% at a $367,000 basis. Equity gained on principal adds $2,368/yr, and annual property appreciation at 5% supports $101,395 by year five. Five-year ROI tracks 114.87% and total cumulative return in cash totals $139,751. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,674/mo property income relative to a $1,796/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03079, Salem, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,720 (100%) |
| Owner Occupied HU | 9,543 (69.6%) |
| Renter Occupied HU | 3,512 (25.6%) |
| Vacant Housing Units | 665 ( 4.8%) |
| Median Home Value | $555,186 |
| Average Home Value | $577,277 |
Housing Distribution
Address Breakdown
Residential
13,257
Single Family
10,248
Multi-Family
3,009
Businesses
1,816
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Listed by: Carla Macleod • BHHS Verani Salem
Mls Name: PrimeMLS
Mls ID: #5069695