605 Cocheco Court, Dover, NH, 03820 | $438/mo Cash Flow

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605 Cocheco Court, Dover, NH, 03820 | $438/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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 Dover at 605 Cocheco Court, Dover, NH, 03820 generates $1,969/mo in rent and, after a $1,118/mo payment, leaves $438/mo in cash flow. Total monthly income is $1,969/mo, and annual cash flow is $5,253/yr on $75,748 invested. Return on cash invested sits at 26.84% in year one, and rental yield is 10.34% on a $228,500 entry. Equity gained on principal adds $1,474/yr, while 5% annual appreciation builds toward $63,130 over five years. Five-year ROI reaches 140.7% and total cumulative return in cash sums $106,576. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,969/mo property income rather than buyer’s personal income.

Condo

Built in 1983

N/A lot

$N/A/sqft

No HOA

More details about the property

Just what you've been waiting for. The popular Cocheco Court in Dover near waterfront, Maglaras Park and Henry Law Park with canoe launch and paddle dock. This first floor unit showcases beautiful engineered hardwood flooring, a custom built-in bookcase and accent wall features. Enjoy the shiny new stove, dishwasher, and microwave and an extra spacious custom closet. Plenty of parking for you and guests, well maintained grounds plus more personal storage space assigned to this unit. Can't beat the low condo fees that include heat. With a thriving downtown area, Dover is known as the oldest permanent settlement in NH, and is rich in history, the arts, unique cafes and shops. Public transportation includes bus and train from Boston to Maine.

Neighborhood Data

Neighborhood data shown for ZIP Code: 03820, Dover, NH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,942 (100%)
Owner Occupied HU	7,947 (49.8%)
Renter Occupied HU	7,317 (45.9%)
Vacant Housing Units	678 ( 4.3%)
Median Home Value	$496,451
Average Home Value	$516,612