93 High Street #4PortsmouthNH03801
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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 Portsmouth at 93 High Street #4, Portsmouth, NH, 03801 priced at $599,000 converts $4,026/mo rent into $11/mo cash flow after a $2,932/mo obligation. Total monthly income equals $4,026/mo, and annual cash flow totals $130/yr on $197,071 invested. Return on cash invested prints 20.13% in year one, and rental yield reads 8.07% against a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation compiles into $165,493 by year five. Five-year ROI reaches 104.65% and total cumulative return in cash sums $206,242. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,026/mo property income covering a $2,932/mo payment, not borrower’s personal income.
Condo
Built in 1820
7,841 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03801, Portsmouth, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,280 (100%) |
| Owner Occupied HU | 5,954 (48.5%) |
| Renter Occupied HU | 5,632 (45.9%) |
| Vacant Housing Units | 694 ( 5.7%) |
| Median Home Value | $709,364 |
| Average Home Value | $778,695 |
Housing Distribution
Address Breakdown
Residential
11,798
Single Family
8,732
Multi-Family
3,066
Businesses
2,488
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Listed by: Kathryn Ahlin • The Gove Group Real Estate, LLC
Mls Name: PrimeMLS
Mls ID: #5041356