70 Forrest RoadNorthfieldNH03276
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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 Northfield at 70 Forrest Road, Northfield, NH, 03276 priced at $330,000 converts $2,280/mo rent into $68/mo cash flow after a $1,615/mo obligation. Total monthly income equals $2,280/mo, and annual cash flow totals $819/yr on $109,395 invested. Return on cash invested prints 20.66% in year one, and rental yield reads 8.29% against a $330,000 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation compiles into $91,173 by year five. Five-year ROI reaches 107.55% and total cumulative return in cash sums $117,659. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,280/mo property income covering a $1,615/mo payment, not borrower’s personal income.
Single Family
Built in 1979
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03276, Tilton, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,955 (100%) |
| Owner Occupied HU | 2,525 (63.8%) |
| Renter Occupied HU | 1,142 (28.9%) |
| Vacant Housing Units | 288 ( 7.3%) |
| Median Home Value | $347,433 |
| Average Home Value | $357,091 |
Housing Distribution
Address Breakdown
Residential
3,632
Single Family
3,390
Multi-Family
242
Businesses
411
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Listed by: Joe Howell • W Real Estate
Mls Name: PrimeMLS
Mls ID: #5074086