8 Montrose Drive #8StrathamNH03885
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Stratham at 8 Montrose Drive #8, Stratham, NH, 03885 offers a 8.09% rental yield on a $339,500 purchase with $2,288/mo rent. Total monthly income registers $2,288/mo, and a $1,662/mo payment leaves $12/mo available for distribution. Annual cash flow reaches $145/yr on $112,544 to close, and return on cash invested stands at 20.04% in year one. Equity gained on principal adds $2,191/yr while 5% annual appreciation supports $93,798 over five years. Portfolio math shows five-year ROI at 104.25% and total cumulative return in cash at $117,329. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,288/mo property income against a $1,662/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1987
36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03885, Stratham, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,109 (100%) |
| Owner Occupied HU | 2,766 (89.0%) |
| Renter Occupied HU | 279 ( 9.0%) |
| Vacant Housing Units | 64 ( 2.1%) |
| Median Home Value | $691,210 |
| Average Home Value | $753,709 |
Housing Distribution
Address Breakdown
Residential
3,040
Single Family
3,026
Multi-Family
14
Businesses
314
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephen Oates • The Aland Realty Group
Mls Name: PrimeMLS
Mls ID: #5073260