34 Ponderosa Ave · Nashua, NH 03062

$199,000

2 bd · 1.0 ba · 1,198 sqft · Manufactured public records · 2 Days on market

Built 1969 Est $266k · 25% under $530/mo HOA · 21% of rent

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Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +18.3/30.0
• ARV discount +15.0/15.0
• 1% rule +8.0/10.0
• DSCR +5.8/10.0
• Livability +4.2/5.0
• Rent growth +3.1/5.0
• Schools +3.1/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

GREAT STARTER OR RETIREMENT HOME. NEAR GOLF COURSES, SOME HARDWOOD BERBER CARPET. WELL MAINTAINED, LOTS OF UPGRADES. VINYL TILT- IN WINDOWS, CEILING FANS, 2 AC`S, LARGE SHED, VINYL SIDED, SECURITY SYSTEMS. 12X56 + 2 ADDITIONS. CASH BUYERS ONLY.

Key facts

• Full living room
• Metal roofing
• Full eat in kitchen

Tags

• REMODELED HOME
• LAUNDRY
• METAL ROOFING
• FULL EAT IN KITCHEN
• FULL LIVING ROOM
• EXTRA FAMILY ROOM

Property features AI

Finance

• Other: Mobile park approved: yes; Mobile make: ARTCRAFT; Located in Rodgers Mobile Home Parks, LLC
• HOA & community: Monthly park/home fee of 530

Exterior

• Parking: Paved driveway
• Utilities: Public water; Community sewer; Electric with fuses; Cable internet available
• Home design: Manufactured / Mobile home; Blue exterior color; Metal roof; Existing construction
• Construction: Built in 1969; Vinyl siding
• Exterior features: Level lot; Near country club and golf course; Near paths and shopping; Neighborhood setting; Near public transportation and hospital; Near schools

Interior

• Kitchen: Eat-in kitchen; Refrigerator; Electric stove; Exhaust fan
• Bedrooms: Three bedrooms on main level
• Flooring: Laminate flooring
• Bathrooms: One full bathroom on main level
• Heating & cooling: Forced air heating; Gas heater; Cooling: Other
• Interior features: Seven total rooms; Laundry room on main level
• Laundry & utility: Laundry room

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $199k.

Deal economics

• At list price, monthly cash flow is $184 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $199k).
• Cap rate 7.4% vs local median 2.9% in Nashua — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 83/100 on livability (#11 in NH, #983 nationally) — a professional / high-income tenant draw. Strengths: commute A+, housing A+, health & safety A+; Watch: amenities D+.
• Nashua School District (urban): math 27% / reading 40% proficiency, ranked #77 of 98 in NH (top 79%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+2.5%/yr); 101 active listings in the ZIP; solid renter incomes; 981 units permitted in Hillsborough County in 2024 (381 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Hillsborough County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• Only 2 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 24y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $50k; list at $199k implies a 298% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 21% of rent.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y — expect insurance premiums to compound above CPI over the hold.

Recommended offer $199,000

Questions for the listing agent

1. Built in 1969 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.30% ✓
• Cap rate: 7.40%
• Cash-on-cash: 3.95%
• DSCR: 1.18
• GRM: 6.4

CMA / ARV

• ARV (on-the-fly): $265,956
• Comps found: 5

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
13 Satin Ave	0.04mi	3/1.5 (+1)	1,248 (+4%)	11mo	$128,500	$103	76
21 Shawn Ave	0.08mi	3/2.0 (+1)	1,319 (+10%)	3mo	$318,000	$241	68
14 Eric Ave	0.13mi	3/2.0 (+1)	1,296 (+8%)	12mo	$305,000	$235	61
17 Ponderosa Ave	0.14mi	3/1.0 (+1)	1,116 (-7%)	19mo	$127,300	$114	61
17 Eric Ave #1517	0.07mi	3/2.0 (+1)	1,352 (+13%)	12mo	$300,000	$222	57

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 2.53% rent growth · sell at horizon

5-year hold

• IRR: -10.6%
• Equity multiple: 0.62×
• Total profit: $-21,440
• Equity at exit: $29,672

10-year hold

• IRR: -1.9%
• Equity multiple: 0.87×
• Total profit: $-7,202
• Equity at exit: $17,206

Cash invested: $55,720 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 56 Moderately Landlord-Leaning
• State New Hampshire: 56 Moderately Landlord-Leaning · D+1
• County: — inherits STATE
• City: — inherits STATE

Has just-cause statute; 30-day notice; landlord-leaning vs. neighbors.

Methodology + full state rankings →

ZIP-level market 03062

• Rents YoY: 2.5%
• Active inventory: 101
• Price-to-rent: 6.4×

Monthly cashflow live

• Estimated rent: $2,579 medium
• Mortgage (P&I): −$1,044
• Tax from tax record: −$198 /mo · $2,370/yr
• Insurance: −$83
• HOA: −$530
• Vacancy / Maint / Mgmt: −$542
• Net cashflow: $184

Break-even live

Break-even rent $2,347

Max offer price $199,000

Occupancy floor 88%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $49,750
• Closing costs: $5,970
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $530 · $6,360/yr
• Likely covers: security

Listing history 3 events

1. 2026-06-18
   days on market $199,000 Active 2 DOM
2. 2026-06-16
   remarks 337-char remark
3. 2026-06-16
   listed $199,000 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast NH · Partial reset (capped growth)

• Current annual tax: $2,370 · $198/mo
• Projected year-2 tax: $3,354 · $280/mo
• Expected delta: +$984/yr (+$82/mo · 41.5%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥97°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $30,949
• − Mortgage interest: −$11,147
• − Property taxes: −$2,370
• − Insurance: −$995
• − Repairs & maintenance: −$2,476
• − Management: −$2,476
• − HOA: −$6,360
• − Depreciation: −$5,789
• Taxable loss: −$664
• Est. tax savings @ 24.0%: +$159
• After-tax cash flow: $2,361/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Nashua School District
• NCES district ID: 3304980
• Math proficiency: 27% ▼ -12.00%
• Reading proficiency: 40% ▼ -6.00%
• Median HH income: $66,393
• Composite: 30.62/100
• National rank: #6189
• State rank: #77 of 98 in NH

Livability — Nashua

• Score: 83/100
• State rank: #11
• US rank: #983

Category grades

Amenities D+ Commute A+ Cost of living B- Crime A- Employment A- Housing A+ Health & safety A+ User ratings C-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Nashua, NH
• County: Hillsborough County · 309,362 people
• City population: 91,294
• Metro: Manchester-Nashua, NH
• Population (ZIP): 29,441
• Household income: $107,540
• Rent vs Own: 29.0% rent · 71.0% own
• Severe rent burden: 658.0

Population outlook (Hillsborough County) Hauer SSP2

• Today (2025): 412,771 people
• By 2030: 410,974 · -0.4%
• By 2040: 399,959 · -3.1%
• By 2050: 381,542 · -7.6%
• By 2075: 339,855 · -17.7%
• By 2100: 289,270 · -29.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (74%)
• Race & ethnicity: White 74% Asian 15% Two or more races 5% Hispanic / Latino 5% Black 2%
• Hispanic origin (detail): Puerto Rican 2% Dominican 2%
• Common ancestry: Lithuanian 9% Slovak 4% Romanian 3%
• Foreign-born: 19% · Canada, China, Vietnam
• Languages at home: 79% English-only · Other Asian/Pacific 6% Other Indo-European 5% Spanish 3%

Political lean MEDSL · Hillsborough

• 2024 margin: Toss-up / Even · D 50.9% · R 48.0% · Other 1.0%
• 2008→2024 swing: -0.9pp no change · 2008: 3.8pp · 2024: 2.9pp
• All cycles: 2024: D+2.9 2020: D+7.7 2016: R+0.2 2012: D+1.7 2008: D+3.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -432.67%
• Current HPI: 309.5007
• Rent YoY: ▲ 2.53%
• Metro: Manchester-Nashua, NH
• State GDP YoY: —
• F500 in state: 0

Price history

+298.0% since first listed

4 events — show timeline

• 2026-06-16 Listed $199,000 PrimeMLS
• 2002-09-20 Sold (MLS) $50,000 PrimeMLS
• 2002-09-09 Delisted — PrimeMLS
• 2002-08-19 Listed $49,999 PrimeMLS

Property tax history

+5.9%/yr

Latest (2025): $2,370 · +5.9% YoY. Source: county tax records.