7 Memorial DriveClaremontNH03743
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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 Claremont at 7 Memorial Drive, Claremont, NH, 03743 offers a 8.87% rental yield on a $380,000 purchase with $2,809/mo rent. Total monthly income registers $2,809/mo, and a $1,860/mo payment leaves $262/mo available for distribution. Annual cash flow reaches $3,142/yr on $125,970 to close, and return on cash invested stands at 22.4% in year one. Equity gained on principal adds $2,452/yr while 5% annual appreciation supports $104,987 over five years. Portfolio math shows five-year ROI at 116.88% and total cumulative return in cash at $147,229. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,809/mo property income against a $1,860/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03743, Claremont, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,346 (100%) |
| Owner Occupied HU | 3,364 (53.0%) |
| Renter Occupied HU | 2,512 (39.6%) |
| Vacant Housing Units | 470 ( 7.4%) |
| Median Home Value | $180,298 |
| Average Home Value | $229,029 |
Housing Distribution
Address Breakdown
Residential
5,872
Single Family
5,074
Multi-Family
798
Businesses
556
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Listed by: Tammy Bergeron • Bergeron's Houses to Homes
Mls Name: PrimeMLS
Mls ID: #5067490