640 Hanover Street, Manchester, NH, 03104 | $376/mo Cash Flow

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 Manchester at 640 Hanover Street, Manchester, NH, 03104 priced at $370,000 converts $2,856/mo rent into $376/mo cash flow after a $1,811/mo obligation. Total monthly income equals $2,856/mo, and annual cash flow totals $4,511/yr on $122,655 invested. Return on cash invested prints 23.59% in year one, and rental yield reads 9.26% against a $370,000 entry. Equity gained on principal adds $2,388/yr, while 5% annual appreciation compiles into $102,224 by year five. Five-year ROI reaches 123.22% and total cumulative return in cash sums $151,133. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,856/mo property income covering a $1,811/mo payment, not borrower’s personal income.

Single Family

Built in 1931

5,227 sqft lot

$N/A/sqft

No HOA