591 Ocean Boulevard #6, Hampton, NH, 03842 | 5.02% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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591 Ocean Boulevard #6, Hampton, NH, 03842 | 5.02% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

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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

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Investment Highlights

Rental property for sale in Hampton at 591 Ocean Boulevard #6, Hampton, NH, 03842 priced at $675,000 converts $2,824/mo rent into after a $3,304/mo obligation. Total monthly income equals $2,824/mo. Return on cash invested prints 10.87% in year one, and rental yield reads 5.02% against a $675,000 entry. Equity gained on principal adds $4,356/yr, while 5% annual appreciation compiles into $186,490 by year five. Five-year ROI reaches 55.03% and total cumulative return in cash sums $122,211. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,824/mo property income covering a $3,304/mo payment, not borrower’s personal income.

Condo

Built in 1985

N/A lot

$N/A/sqft

No HOA

More details about the property

Spectacular views of the Atlantic Ocean, located directly opposite sandy North Beach. This top level condominium features notably beach and ocean views from the east facing deck, and also marsh views from the west-facing balcony, where wildlife abounds, security, an elevator, 2 bedrooms overlooking the marsh and 2 baths. The kitchen features a tiled backsplash and stainless appliances including a brand new Thermador refrigerator. The open concept living/dining and kitchen is perfect for entertaining. There is a pantry closet for extra food storage. Washer and dryer are included. The spacious primary bedroom suite offers a walk-in closet, skylights, oversized tiled shower, and sliders to the deck overlooking the marsh with beautiful sunsets. Additional amenities include: Secured entry, front and back stairways, storage unit on the ground level, an elevator, and 11 parking spaces on site. 2 dogs or 2 cats are allowed. Beach access is just across the street. Airbnb allowed - 7 day minimum. Low condo fees. Dont miss this opportunity to live at the beach and enjoy fresh sea breezes all summer long!

Neighborhood Data

Neighborhood data shown for ZIP Code: 03842, Hampton, NH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,356 (100%)
Owner Occupied HU	5,610 (54.2%)
Renter Occupied HU	2,214 (21.4%)
Vacant Housing Units	2,532 (24.4%)
Median Home Value	$638,129
Average Home Value	$699,461

Housing Distribution

Address Breakdown

Residential

8,889

Single Family

7,030

Multi-Family

1,859

Businesses

632

Price History

Date	Event	Price
No price history data available

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
No tax history data available

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1 Bath
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68 Edgelawn Ave APT 12, North Andover, MA, 01845

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Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: Condo
Year Built: 1985
Architectural Style: N/A
Building Area: N/A
Living Area: N/A
Property Condition: N/A

Features & Amenities

Heating: N/A
Cooling: N/A
Flooring: N/A
Interior Features: N/A
Exterior Features: N/A
Parking Features: Paved, Direct Entry, Deeded, Driveway, Parking Spaces 2, Carport

Location

City: Hampton
State: NH
Subdivision: N/A
Lot Size: N/A
Lot Features: N/A
View: N/A

HOA & Fees

HOA Fee: N/A
Association Fee: N/A
Fees & Dues: N/A
Association Amenities: N/A
Association Fee Includes: N/A

Utilities

Utilities: N/A
Sewer: N/A
Water Source: N/A
Road Surface Type: N/A

School Information

Elementary School: N/A
Middle School: N/A
High School: N/A

Listed by: Jennifer Madden • Madden Group

Mls Name: PrimeMLS

Mls ID: #5035030

591 Ocean Boulevard #6,Hampton,NH,03842

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Ziffy AI Summary

Investment Highlights

More details about the property

Neighborhood Data

Housing Distribution

Housing Statistics

Housing Distribution

Address Breakdown

Price History

Tax History

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Facts & Features

General Information

Features & Amenities

Location

HOA & Fees

Utilities

School Information

591 Ocean Boulevard #6HamptonNH03842