86 Spruce StreetBerlinNH03570
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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 Berlin at 86 Spruce Street, Berlin, NH, 03570 uses $54,698 cash to close to unlock $1,735/yr annual cash flow and $145/mo monthly cash flow. Total monthly income runs $1,251/mo, and a $808/mo payment keeps the spread at $145/mo. Purchase price stands at $165,000, and rental yield measures 9.1% with $1,251/mo rent. Return on cash invested shows 23.08% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 120.57% and total cumulative return in cash records $65,951. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,251/mo property income covering a $808/mo payment rather than investor’s personal income.
Single Family
Built in 1920
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: Cassie M Lambertson • RE/MAX Northern Edge Realty LLC
Mls Name: PrimeMLS
Mls ID: #5061541