7 Tiffany Rd APT 3SalemNH03079
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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 Salem at 7 Tiffany Rd APT 3, Salem, NH, 03079 earns $663/mo cash flow from $2,539/mo rent with a $1,370/mo payment. Total monthly income totals $2,539/mo, and annual cash flow totals $7,954/yr on $92,787 capital. ROI tracks 28.48% on current figures, and rental yield reads 10.89% at a $279,900 purchase. Equity gained on principal adds $1,806/yr, and 5% annual appreciation supports $77,331 over five years. Five-year ROI reaches 149.49% and total cumulative return in cash sums $138,709. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,539/mo property income instead of your personal income.
Condo
Built in 1972
2,178 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
13,257
Single Family
10,248
Multi-Family
3,009
Businesses
1,816
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Listed by: Mark Sullivan • T.A. Sullivan Agency Inc.
Mls Name: MLS PIN
Mls ID: #73417915