9 Edgewood AveMerrimackNH03054
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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 Merrimack at 9 Edgewood Ave, Merrimack, NH, 03054 offers $4,644/mo rent that, after a $2,934/mo payment, leaves $626/mo cash flow. Total monthly income is $4,644/mo, and annual cash flow is $7,511/yr on $197,236 cash. Return on cash invested measures 23.87% in year one, and rental yield stands at 9.3% at a $599,500 entry. Equity gained on principal adds $3,868/yr while 5% annual appreciation compounds into $165,631 by year five. Five-year ROI records 124.72% and total cumulative return in cash reaches $245,987. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,644/mo property income versus a $2,934/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03054, Merrimack, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,677 (100%) |
| Owner Occupied HU | 8,935 (76.5%) |
| Renter Occupied HU | 2,428 (20.8%) |
| Vacant Housing Units | 314 ( 2.7%) |
| Median Home Value | $492,407 |
| Average Home Value | $542,626 |
Housing Distribution
Address Breakdown
Residential
11,232
Single Family
10,546
Multi-Family
686
Businesses
942
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Listed by: Mariana Silva • Invest Realty Group
Mls Name: MLS PIN
Mls ID: #73466676