9 Longmeadow DriveConcordNH03301
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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 Concord at 9 Longmeadow Drive, Concord, NH, 03301 offers a 10.43% rental yield on a $249,900 purchase with $2,173/mo rent. Total monthly income registers $2,173/mo, and a $1,223/mo payment leaves $498/mo available for distribution. Annual cash flow reaches $5,977/yr on $82,842 to close, and return on cash invested stands at 27.12% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 142.26% and total cumulative return in cash at $117,854. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,173/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2018
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03301, Concord, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,779 (100%) |
| Owner Occupied HU | 7,126 (48.2%) |
| Renter Occupied HU | 6,953 (47.0%) |
| Vacant Housing Units | 700 ( 4.7%) |
| Median Home Value | $392,897 |
| Average Home Value | $415,559 |
Housing Distribution
Address Breakdown
Residential
13,751
Single Family
11,157
Multi-Family
2,594
Businesses
2,101
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Listed by: Helen Skaleris • The Mullen Realty Group, LLC
Mls Name: PrimeMLS
Mls ID: #5052465