612 Megan DriveManchesterNH03109
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 612 Megan Drive, Manchester, NH, 03109 in Manchester is narrow, $18/mo net on $4,039/mo rent after the $2,698/mo debt service, but the property operates at break-even-plus, not a loss. At $599,900 with a 8.08% yield, the long-run equity case via 5% appreciation ($165,741 over five years) and $5,525/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.50 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $229,980.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 8.0% |
| Monthly Cash Flow | $18 | $600 |
City averages based on Manchester market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,039 |
| Total Monthly Debt Service | $3,782 |
| DSCR Ratio | 1.07x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1996
7,841 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03109, Manchester, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,397 (100%) |
| Owner Occupied HU | 3,255 (74.0%) |
| Renter Occupied HU | 1,093 (24.9%) |
| Vacant Housing Units | 49 ( 1.1%) |
| Median Home Value | $412,408 |
| Average Home Value | $417,365 |
Housing Distribution
Address Breakdown
Residential
4,623
Single Family
3,798
Multi-Family
825
Businesses
352
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
Single Family
Built in 1996
7,841 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03109, Manchester, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,397 (100%) |
| Owner Occupied HU | 3,255 (74.0%) |
| Renter Occupied HU | 1,093 (24.9%) |
| Vacant Housing Units | 49 ( 1.1%) |
| Median Home Value | $412,408 |
| Average Home Value | $417,365 |
Housing Distribution
Address Breakdown
Residential
4,623
Single Family
3,798
Multi-Family
825
Businesses
352
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Frank j Rosano • Pierre Peloquin Realty
Mls Name: PrimeMLS
Mls ID: #5048191