93 Armand AvenueManchesterNH03103
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
Investment property for sale in Manchester at 93 Armand Avenue, Manchester, NH, 03103 at $424,900 posts ROI 25% with $598/mo cash flow from $3,446/mo rent. Total monthly income equals $3,446/mo, and annual cash flow records $7,172/yr on $140,854 to close. Return on cash invested measures 25% and rental yield reads 9.73% at the current $424,900. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,392 by year five. Five-year ROI prints 130.82% and total cumulative return in cash totals $184,269.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,446/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
9,148 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03103, Manchester, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,484 (100%) |
| Owner Occupied HU | 7,310 (44.3%) |
| Renter Occupied HU | 8,584 (52.1%) |
| Vacant Housing Units | 590 ( 3.6%) |
| Median Home Value | $386,553 |
| Average Home Value | $413,156 |
Housing Distribution
Address Breakdown
Residential
15,186
Single Family
13,315
Multi-Family
1,871
Businesses
1,320
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Listed by: Robert Marois • RE/MAX Synergy
Mls Name: PrimeMLS
Mls ID: #5073114