88 State StreetNorthumberlandNH03582
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 Northumberland at 88 State Street, Northumberland, NH, 03582 offers $1,478/mo rent that, after a $1,077/mo payment, leaves $3/mo cash flow. Total monthly income is $1,478/mo, and annual cash flow is $38/yr on $72,930 cash. Return on cash invested measures 19.96% in year one, and rental yield stands at 8.06% at a $220,000 entry. Equity gained on principal adds $1,420/yr while 5% annual appreciation compounds into $60,782 by year five. Five-year ROI records 103.86% and total cumulative return in cash reaches $75,743. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,478/mo property income versus a $1,077/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1911
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03582, Groveton, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,299 (100%) |
| Owner Occupied HU | 730 (56.2%) |
| Renter Occupied HU | 252 (19.4%) |
| Vacant Housing Units | 317 (24.4%) |
| Median Home Value | $148,333 |
| Average Home Value | $201,767 |
Housing Distribution
Address Breakdown
Residential
1,138
Single Family
1,078
Multi-Family
60
Businesses
77
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Listed by: Nicholas DeMers • EXP Realty
Mls Name: PrimeMLS
Mls ID: #5062951