7 St. James Place #16, Nashua, NH, 03062 | $703/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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7 St. James Place #16, Nashua, NH, 03062 | $703/mo Cash Flow | 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

Rental property for sale in Nashua at 7 St. James Place #16, Nashua, NH, 03062 offers $2,227/mo rent that, after a $1,114/mo payment, leaves $703/mo cash flow. Total monthly income is $2,227/mo, and annual cash flow is $8,431/yr on $75,416 cash. Return on cash invested measures 31.09% in year one, and rental yield stands at 11.75% at a $227,500 entry. Equity gained on principal adds $1,468/yr while 5% annual appreciation compounds into $62,854 by year five. Five-year ROI records 163.49% and total cumulative return in cash reaches $123,302. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,227/mo property income versus a $1,114/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Condo

Built in 1981

N/A lot

$N/A/sqft

No HOA

More details about the property

Premier Location and rare find! Ex 1 W, Oak Hill Condominiums. This recently carpeted & painted 1st floor corner unit is located in a desirable and sought-after community. The ample open concept L/R, dining & kitchen feature a patio door opening to acres of wooded privacy for the residents' relaxation and enjoyment! The large primary bedroom with full bath features a walk-in closet. The 1st laundry is just steps away. Attic storage is available. Low condo fees cover heat and hot water. There is ample parking for residents and guests. The community offer great amenities. The year-round clubhouse has a spacious function room with a fireplaced reading area, numerous tables and chairs and a full kitchen for resident use. The lower level features a pool table, workout room and his & her locker rooms and saunas. In the summer residents enjoy the pool, barbecue area & tennis court. Oak Hill abuts beautiful City owned Roby Park with ball fields, playground & winter activities. Schedule your private tour now. Showings begin at Open House Sat 7/26/25, 12:30-2:30 PM & Sun 7/27/25, 1:30-3:30 PM.

Neighborhood Data

Neighborhood data shown for ZIP Code: 03062, Nashua, NH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,354 (100%)
Owner Occupied HU	8,454 (68.4%)
Renter Occupied HU	3,732 (30.2%)
Vacant Housing Units	168 ( 1.4%)
Median Home Value	$467,670
Average Home Value	$491,020