88 North Water StreetBoscawenNH03303
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 Boscawen at 88 North Water Street, Boscawen, NH, 03303 priced at $395,000 converts $3,191/mo rent into $544/mo cash flow after a $1,933/mo obligation. Total monthly income equals $3,191/mo, and annual cash flow totals $6,524/yr on $130,943 invested. Return on cash invested prints 24.89% in year one, and rental yield reads 9.69% against a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation compiles into $109,131 by year five. Five-year ROI reaches 130.24% and total cumulative return in cash sums $170,538. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,191/mo property income covering a $1,933/mo payment, not borrower’s personal income.
Single Family
Built in 1850
1.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03303, Concord, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,272 (100%) |
| Owner Occupied HU | 4,755 (65.4%) |
| Renter Occupied HU | 2,200 (30.3%) |
| Vacant Housing Units | 317 ( 4.4%) |
| Median Home Value | $405,062 |
| Average Home Value | $425,354 |
Housing Distribution
Address Breakdown
Residential
6,798
Single Family
5,173
Multi-Family
1,625
Businesses
269
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mallory Ferzacca • Jill & Co. Realty Group - Real Broker NH, LLC
Mls Name: PrimeMLS
Mls ID: #5057752