703 Old New Ipswich RoadRindgeNH03461
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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 Rindge at 703 Old New Ipswich Road, Rindge, NH, 03461 offers $4,291/mo rent that, after a $2,247/mo payment, leaves $1,214/mo cash flow. Total monthly income is $4,291/mo, and annual cash flow is $14,568/yr on $152,159 cash. Return on cash invested measures 29.48% in year one, and rental yield stands at 11.22% at a $459,000 entry. Equity gained on principal adds $2,962/yr while 5% annual appreciation compounds into $126,813 by year five. Five-year ROI records 154.85% and total cumulative return in cash reaches $235,619. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,291/mo property income versus a $2,247/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
2.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03461, Rindge, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,583 (100%) |
| Owner Occupied HU | 1,896 (73.4%) |
| Renter Occupied HU | 349 (13.5%) |
| Vacant Housing Units | 338 (13.1%) |
| Median Home Value | $461,607 |
| Average Home Value | $506,536 |
Housing Distribution
Address Breakdown
Residential
2,103
Single Family
2,030
Multi-Family
73
Businesses
192
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Listed by: Michelle LeCompte • Epique Realty
Mls Name: PrimeMLS
Mls ID: #5059760