93 Grove StreetDoverNH03820
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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 Dover at 93 Grove Street, Dover, NH, 03820 offers $3,850/mo rent that, after a $1,957/mo payment, leaves $1,170/mo cash flow. Total monthly income is $3,850/mo, and annual cash flow is $14,038/yr on $132,567 cash. Return on cash invested measures 30.5% in year one, and rental yield stands at 11.55% at a $399,900 entry. Equity gained on principal adds $2,580/yr while 5% annual appreciation compounds into $110,485 by year five. Five-year ROI records 160.3% and total cumulative return in cash reaches $212,504. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,850/mo property income versus a $1,957/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1938
6,970 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03820, Dover, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,942 (100%) |
| Owner Occupied HU | 7,947 (49.8%) |
| Renter Occupied HU | 7,317 (45.9%) |
| Vacant Housing Units | 678 ( 4.3%) |
| Median Home Value | $496,451 |
| Average Home Value | $516,612 |
Housing Distribution
Address Breakdown
Residential
15,528
Single Family
12,270
Multi-Family
3,258
Businesses
1,181
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Listed by: Peggy Carter • Coldwell Banker - Peggy Carter Team
Mls Name: PrimeMLS
Mls ID: #5053047