8 Strawberry Bank Road #16NashuaNH03062
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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 Nashua at 8 Strawberry Bank Road #16, Nashua, NH, 03062 generates $2,261/mo in rent and, after a $1,248/mo payment, leaves $552/mo in cash flow. Total monthly income is $2,261/mo, and annual cash flow is $6,625/yr on $84,499 invested. Return on cash invested sits at 27.75% in year one, and rental yield is 10.64% on a $254,900 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation builds toward $70,424 over five years. Five-year ROI reaches 145.62% and total cumulative return in cash sums $123,048. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,261/mo property income rather than buyer’s personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03062, Nashua, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,354 (100%) |
| Owner Occupied HU | 8,454 (68.4%) |
| Renter Occupied HU | 3,732 (30.2%) |
| Vacant Housing Units | 168 ( 1.4%) |
| Median Home Value | $467,670 |
| Average Home Value | $491,020 |
Housing Distribution
Address Breakdown
Residential
12,104
Single Family
8,775
Multi-Family
3,329
Businesses
438
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Listed by: Derek Greene • Derek Greene
Mls Name: PrimeMLS
Mls ID: #5073141