615 Ocean Blvd UNIT 24HamptonNH03842
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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
Investment property for sale in Hampton at 615 Ocean Blvd UNIT 24, Hampton, NH, 03842 listed at $287,800 pairs $1,952/mo rent with a $1,409/mo payment to leave $23/mo cash flow. Total monthly income runs $1,952/mo, and annual cash flow reaches $271/yr on $95,406 cash to close. Return on cash invested measures 20.19% in year one, and rental yield registers 8.14% at a $287,800 basis. Equity gained on principal adds $1,857/yr, and annual property appreciation at 5% supports $79,514 by year five. Five-year ROI tracks 105.05% and total cumulative return in cash totals $100,222. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,952/mo property income relative to a $1,409/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1950
N/A lot
$N/A/sqft
No HOA
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
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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