87 Parker StreetManchesterNH03102
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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 Manchester at 87 Parker Street, Manchester, NH, 03102 uses $111,019 cash to close to unlock $10,085/yr annual cash flow and $840/mo monthly cash flow. Total monthly income runs $3,085/mo, and a $1,639/mo payment keeps the spread at $840/mo. Purchase price stands at $334,900, and rental yield measures 11.05% with $3,085/mo rent. Return on cash invested shows 28.99% in year one, and 5% annual appreciation builds toward $92,527 over five years. Five-year ROI reaches 152.24% and total cumulative return in cash records $169,021. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,085/mo property income covering a $1,639/mo payment rather than investor’s personal income.
Single Family
Built in 1870
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03102, Manchester, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,231 (100%) |
| Owner Occupied HU | 5,603 (36.8%) |
| Renter Occupied HU | 9,075 (59.6%) |
| Vacant Housing Units | 553 ( 3.6%) |
| Median Home Value | $364,554 |
| Average Home Value | $399,877 |
Housing Distribution
Address Breakdown
Residential
14,680
Single Family
9,889
Multi-Family
4,791
Businesses
521
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Listed by: Mary Koontz-Daher • Weichert Realtors, Daher Companies
Mls Name: PrimeMLS
Mls ID: #5072913