820 Fourth AvenueBerlinNH03570
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
Rental property for sale in Berlin at 820 Fourth Avenue, Berlin, NH, 03570 priced at $239,000 pairs $2,340/mo rent with $738/mo cash flow after a $1,170/mo payment. Total monthly income equals $2,340/mo, and annual cash flow comes to $8,854/yr on $79,229 invested. Return on cash invested is 31.08% in year one, and rental yield stands at 11.75% on a $239,000 basis. Equity gained on principal adds $1,542/yr, and 5% annual appreciation accumulates to $66,031 by year five. Five-year ROI measures 163.44% and total cumulative return in cash reaches $129,492. For financing, Ziffy Mortgage’s DSCR program evaluates $2,340/mo property income against a $1,170/mo payment instead of your W2s, 1099s, or Tax returns.
Apartment
Built in 1910
4,792 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03570, Berlin, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,818 (100%) |
| Owner Occupied HU | 2,555 (53.0%) |
| Renter Occupied HU | 1,542 (32.0%) |
| Vacant Housing Units | 721 (15.0%) |
| Median Home Value | $110,871 |
| Average Home Value | $154,447 |
Housing Distribution
Address Breakdown
Residential
4,379
Single Family
4,273
Multi-Family
106
Businesses
303
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Listed by: Christopher Lunn • RE/MAX Northern Edge Realty LLC
Mls Name: PrimeMLS
Mls ID: #5060791