Lot 2 Emerson Ridge #2DurhamNH03824
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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 Durham at Lot 2 Emerson Ridge #2, Durham, NH, 03824 offers $3,780/mo rent that, after a $6,216/mo payment. Total monthly income is $3,780/mo. Return on cash invested measures 6.57% in year one, and rental yield stands at 3.57% at a $1,270,000 entry. Equity gained on principal adds $8,195/yr while 5% annual appreciation compounds into $350,878 by year five. Five-year ROI records 31.9% and total cumulative return in cash reaches $131,249. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,780/mo property income versus a $6,216/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03824, Durham, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,006 (100%) |
| Owner Occupied HU | 2,024 (50.5%) |
| Renter Occupied HU | 1,381 (34.5%) |
| Vacant Housing Units | 601 (15.0%) |
| Median Home Value | $528,356 |
| Average Home Value | $584,769 |
Housing Distribution
Address Breakdown
Residential
3,770
Single Family
2,852
Multi-Family
918
Businesses
284
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Listed by: Marissa Drew • The Gove Group Real Estate, LLC
Mls Name: PrimeMLS
Mls ID: #5073628