69 Caddy Drive, Salem, NH, 03079 | 8.02% Rental Yield

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69 Caddy Drive, Salem, NH, 03079 | 8.02% Rental Yield | 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

Investment property for sale in Salem at 69 Caddy Drive, Salem, NH, 03079 with 5% annual appreciation on a $234,900 basis while $1,570/mo rent supports operations. 84% in year one. Equity gained on principal adds $1,516/yr, and five-year appreciation sums $64,899 alongside rental yield of 8.02%. Five-year ROI measures 103.18% and total cumulative return in cash totals $80,349. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,570/mo property income versus a $1,150/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Manufactured

Built in 2016

N/A lot

$N/A/sqft

No HOA

More details about the property

**Group showing Sunday October 19th 11:00am-1:00pm** Step into this move in ready 2 bedroom, 2 bathroom home nestled in a peaceful and well-maintained 55+ Ackerman's community. As you arrive, you're welcomed by a freshly paved double driveway and a covered front porch, perfect for enjoying your morning coffee. Inside, the spacious and sunlit living room that flows effortlessly into a warm and inviting kitchen with rich wood cabinetry, ample counter space, and full-size appliances including a gas stove, dishwasher, microwave, and fridge. Just off the kitchen is a cozy dining area, ideal for casual meals or entertaining guests. Down the hall, the primary bedroom offers generous space, double closets, and a ceiling fan, along with a private en-suite bathroom that includes a walk-in shower, a stylish vanity, and built-in shelving for extra storage. The second bedroom is perfect for guests or a home office and sits beside a full bathroom with a tub and shower combo and tankless water heater. A dedicated laundry area with a washer, dryer, and built-in cabinetry leads to the back entrance. Outside, enjoy the level grassy yard, a sturdy storage shed, and the convenience of central A/C. This home combines low-maintenance living with everyday comfort in a welcoming community setting.

Neighborhood Data

Neighborhood data shown for ZIP Code: 03079, Salem, NH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,720 (100%)
Owner Occupied HU	9,543 (69.6%)
Renter Occupied HU	3,512 (25.6%)
Vacant Housing Units	665 ( 4.8%)
Median Home Value	$555,186
Average Home Value	$577,277