88 West Mill StreetHillsboroNH03244
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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
Rental property for sale in Hillsboro at 88 West Mill Street, Hillsboro, NH, 03244 priced at $245,000 converts $1,695/mo rent into $53/mo cash flow after a $1,199/mo obligation. Total monthly income equals $1,695/mo, and annual cash flow totals $635/yr on $81,218 invested. Return on cash invested prints 20.69% in year one, and rental yield reads 8.3% against a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation compiles into $67,689 by year five. Five-year ROI reaches 107.7% and total cumulative return in cash sums $87,468. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,695/mo property income covering a $1,199/mo payment, not borrower’s personal income.
Single Family
Built in 1900
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03244, Hillsboro, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,987 (100%) |
| Owner Occupied HU | 2,727 (68.4%) |
| Renter Occupied HU | 706 (17.7%) |
| Vacant Housing Units | 554 (13.9%) |
| Median Home Value | $349,666 |
| Average Home Value | $373,546 |
Housing Distribution
Address Breakdown
Residential
2,944
Single Family
2,367
Multi-Family
577
Businesses
187
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Listed by: Zack LeRoy • BHG Masiello Keene
Mls Name: PrimeMLS
Mls ID: #5050503