76 Merrimack St #2ManchesterNH03101
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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 Manchester at 76 Merrimack St #2, Manchester, NH, 03101 offers $2,615/mo rent that, after a $1,403/mo payment, leaves $694/mo cash flow. Total monthly income is $2,615/mo, and annual cash flow is $8,323/yr on $95,041 cash. Return on cash invested measures 28.67% in year one, and rental yield stands at 10.95% at a $286,700 entry. Equity gained on principal adds $1,850/yr while 5% annual appreciation compounds into $79,210 by year five. Five-year ROI records 150.49% and total cumulative return in cash reaches $143,028. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,615/mo property income versus a $1,403/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03101, Manchester, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,915 (100%) |
| Owner Occupied HU | 200 ( 6.9%) |
| Renter Occupied HU | 2,418 (83.0%) |
| Vacant Housing Units | 297 (10.2%) |
| Median Home Value | $375,000 |
| Average Home Value | $405,525 |
Housing Distribution
Address Breakdown
Residential
2,559
Single Family
879
Multi-Family
1,680
Businesses
1,045
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Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A