68 Prospect StreetLancasterNH03584
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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 Lancaster at 68 Prospect Street, Lancaster, NH, 03584 priced at $264,900 pairs $2,566/mo rent with $790/mo cash flow after a $1,297/mo payment. Total monthly income equals $2,566/mo, and annual cash flow comes to $9,480/yr on $87,814 invested. Return on cash invested is 30.7% in year one, and rental yield stands at 11.62% on a $264,900 basis. Equity gained on principal adds $1,709/yr, and 5% annual appreciation accumulates to $73,187 by year five. Five-year ROI measures 161.41% and total cumulative return in cash reaches $141,740. For financing, Ziffy Mortgage’s DSCR program evaluates $2,566/mo property income against a $1,297/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03584, Lancaster, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,882 (100%) |
| Owner Occupied HU | 1,141 (60.6%) |
| Renter Occupied HU | 452 (24.0%) |
| Vacant Housing Units | 289 (15.4%) |
| Median Home Value | $218,750 |
| Average Home Value | $229,901 |
Housing Distribution
Address Breakdown
Residential
1,638
Single Family
1,592
Multi-Family
46
Businesses
246
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Listed by: Denise Hood Boynton • RE/MAX Northern Edge
Mls Name: PrimeMLS
Mls ID: #5005136