6-204 Stearns LaneMerrimackNH03054
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
Investment property for sale in Merrimack at 6-204 Stearns Lane, Merrimack, NH, 03054 listed at $355,000 pairs $2,899/mo rent with a $1,738/mo payment to leave $519/mo cash flow. Total monthly income runs $2,899/mo, and annual cash flow reaches $6,228/yr on $117,683 cash to close. Return on cash invested measures 25.2% in year one, and rental yield registers 9.8% at a $355,000 basis. Equity gained on principal adds $2,291/yr, and annual property appreciation at 5% supports $98,080 by year five. Five-year ROI tracks 131.93% and total cumulative return in cash totals $155,256. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,899/mo property income relative to a $1,738/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2007
N/A 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: Charles McCaffery • BHGRE Masiello Nashua
Mls Name: PrimeMLS
Mls ID: #5075488