1045 US Route 3 · Stratford, NH 03590

$69,000

3 bd · 1.0 ba · 780 sqft · Manufactured public records · 7 Days on market

Built 1965 1.00 ac lot

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Why this score? — see what drove the B- 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +2.7/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

3-bedroom, 1-bath mobile home situated on a 1-acre lot in North Stratford, NH. Property includes owned land, private water, and private sewer. The home is currently vacant and offers a functional layout with three bedrooms and one full bathroom. The spacious lot provides room for a variety of outdoor uses and future improvements. Convenient opportunity to own a property with existing utilities already in place. Property is being sold as-is.

Key facts

• Existing utilities
• Private sewer
• Spacious lot

Tags

• OWNED LAND
• PRIVATE WATER
• PRIVATE SEWER
• SPACIOUS LOT
• EXISTING UTILITIES

Property features AI

Exterior

• Utilities: Private water; Private sewer; Circuit breaker electrical; High-speed internet available; Cable available
• Home design: Manufactured/Mobile home; Existing construction
• Construction: Metal construction; Metal roof; Built in 1965
• Exterior features: Wooded lot

Interior

• Bathrooms: One full bathroom
• Heating & cooling: Oil-fired forced air heat
• Interior features: Four total rooms

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath manufactured listed at $69k.

Deal economics

• At list price, monthly cash flow is $457 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $69k).

Location & tenants

• Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
• Stratford School District (rural): math 30% / reading 30% proficiency, ranked #157 of 171 in NH (top 92%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 16 active listings in the ZIP; 95 units permitted in Coos County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $477 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Coos County population projected at -19% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $19k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.

Recommended offer $69,000

Questions for the listing agent

1. Built in 1965 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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.
4. 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.
5. 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: 1.77% ✓
• Cap rate: 14.24%
• Cash-on-cash: 28.37%
• DSCR: 2.26
• GRM: 4.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 22.6%
• Equity multiple: 1.93×
• Total profit: $17,948
• Equity at exit: $10,288

10-year hold

• IRR: 30.6%
• Equity multiple: 3.76×
• Total profit: $53,243
• Equity at exit: $5,966

Cash invested: $19,320 (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 03590

• Home prices YoY: -2.7%
• Active inventory: 16
• Price-to-rent: 4.7×

Monthly cashflow live

• Estimated rent: $1,223 medium
• Mortgage (P&I): −$362
• Tax from tax record: −$119 /mo · $1,426/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$257
• Net cashflow: $457

Break-even live

Break-even rent $645

Max offer price $69,000

Occupancy floor 58%

Sensitivity live

Price	-10% $496	-5% $476	+0% $457	+5% $437	+10% $418
Rent	-10% $360	-5% $408	+0% $457	+5% $505	+10% $553
Rate	-1.0pp $491	-0.5pp $474	base $457	+0.5pp $439	+1.0pp $421

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: $17,250
• Closing costs: $2,070
• Reserves months: —
• Total cash needed: —

Listing history 7 events

1. 2026-06-17
   status $69,000 Pending 7 DOM
2. 2026-06-16
   days on market $69,000 Active 7 DOM
3. 2026-06-15
   days on market $69,000 Active 6 DOM
4. 2026-06-13
   days on market $69,000 Active 4 DOM
5. 2026-06-12
   days on market $69,000 Active 3 DOM
6. 2026-06-09
   remarks 444-char remark
7. 2026-06-09
   listed $69,000 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: $1,426 · $119/mo
• Projected year-2 tax: $1,465 · $122/mo
• Expected delta: +$39/yr (+$3/mo · 2.7%)

ⓘ 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 1/10 Low
• 🌡 Heat 1/10 Low 7 d/yr ≥87°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 3% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,676
• − Mortgage interest: −$3,865
• − Property taxes: −$1,426
• − Insurance: −$345
• − Repairs & maintenance: −$1,174
• − Management: −$1,174
• − Depreciation: −$2,007
• Taxable income: $4,684
• Est. tax owed @ 24.0%: −$1,124
• After-tax cash flow: $4,357/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: Stratford School District
• NCES district ID: 3306450
• Math proficiency: 30% ▼ -20.00%
• Reading proficiency: 30% ▼ -30.00%
• Median HH income: $33,349
• Composite: 27.45/100
• National rank: #12388
• State rank: #157 of 171 in NH

Livability — Stratford

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Population (ZIP): 1,140

Population outlook (Coos County) Hauer SSP2

• Today (2025): 30,912 people
• By 2030: 29,872 · -3.4%
• By 2040: 27,449 · -11.2%
• By 2050: 25,049 · -19.0%
• By 2075: 19,584 · -36.6%
• By 2100: 13,818 · -55.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (95%)
• Race & ethnicity: White 95% Two or more races 3% Hispanic / Latino 1%
• Common ancestry: Lithuanian 16% Russian 4% Romanian 1%
• Foreign-born: 4% · Canada
• Languages at home: 94% English-only · French/Haitian/Cajun 5% Other Indo-European 1%

Political lean MEDSL · Coos

• 2024 margin: R (+13.8) · D 42.7% · R 56.5%
• 2008→2024 swing: -32.1pp toward R · 2008: 18.3pp · 2024: -13.8pp
• All cycles: 2024: R+13.8 2020: R+5.9 2016: R+9.1 2012: D+17.6 2008: D+18.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -10.30%
• Current HPI: 377.5482
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Price history

1 event — show timeline

• 2026-06-09 Listed $69,000 PrimeMLS

Property tax history

+5.7%/yr

Latest (2024): $1,426 · +49.2% YoY. Source: county tax records.