8 Alta AvenueSalemNH03079
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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 8 Alta Avenue, Salem, NH, 03079 with 5% annual appreciation on a $619,900 basis while $4,968/mo rent supports operations. Total monthly income totals $4,968/mo and a $3,034/mo payment preserves $813/mo for cash returns. Annual cash flow comes to $9,756/yr on $203,947 deployed, and return on cash invested reaches 24.84% in year one. Equity gained on principal adds $4,000/yr, and five-year appreciation sums $171,267 alongside rental yield of 9.62%. Five-year ROI measures 129.97% and total cumulative return in cash totals $265,076.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,968/mo property income versus a $3,034/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1961
0.33 Acres 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: Jefri Liriano • Liriano Realty
Mls Name: PrimeMLS
Mls ID: #5069832