97 Timber Ridge DriveMilfordNH03055
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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 Milford at 97 Timber Ridge Drive, Milford, NH, 03055 generates $4,030/mo in rent, after a $3,500/mo payment. Total monthly income is $4,030/mo. Return on cash invested sits at 16.17% in year one, and rental yield is 6.76% on a $715,000 entry. Equity gained on principal adds $4,614/yr, while 5% annual appreciation builds toward $197,541 over five years. Five-year ROI reaches 83.45% and total cumulative return in cash sums $196,293. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,030/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03055, Milford, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,847 (100%) |
| Owner Occupied HU | 4,210 (61.5%) |
| Renter Occupied HU | 2,486 (36.3%) |
| Vacant Housing Units | 151 ( 2.2%) |
| Median Home Value | $446,232 |
| Average Home Value | $473,977 |
Housing Distribution
Address Breakdown
Residential
6,787
Single Family
5,178
Multi-Family
1,609
Businesses
625
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Listed by: Iris J Muench • Jill & Co. Realty Group - Real Broker NH, LLC
Mls Name: PrimeMLS
Mls ID: #5074315