6 Evergreen DriveGorhamNH03581
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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
Rental property for sale in Gorham at 6 Evergreen Drive, Gorham, NH, 03581 priced at $849,000 converts $3,500/mo rent into after a $4,155/mo obligation. Total monthly income equals $3,500/mo. Return on cash invested prints 10.65% in year one, and rental yield reads 4.95% against a $849,000 entry. Equity gained on principal adds $5,478/yr, while 5% annual appreciation compiles into $234,563 by year five. Five-year ROI reaches 53.83% and total cumulative return in cash sums $150,368. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,500/mo property income covering a $4,155/mo payment, not borrower’s personal income.
Single Family
Built in 2008
6.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03581, Gorham, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,723 (100%) |
| Owner Occupied HU | 1,084 (62.9%) |
| Renter Occupied HU | 396 (23.0%) |
| Vacant Housing Units | 243 (14.1%) |
| Median Home Value | $215,217 |
| Average Home Value | $235,574 |
Housing Distribution
Address Breakdown
Residential
1,468
Single Family
1,406
Multi-Family
62
Businesses
201
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Listed by: Vespar Duffy • Badger Peabody & Smith Realty
Mls Name: PrimeMLS
Mls ID: #5047435