10 Elm StreetAlton BayNH03810
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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 Alton Bay at 10 Elm Street, Alton Bay, NH, 03810 offers $2,756/mo rent that, after a $1,948/mo payment, leaves $88/mo cash flow. Total monthly income is $2,756/mo, and annual cash flow is $1,059/yr on $131,937 cash. Return on cash invested measures 20.71% in year one, and rental yield stands at 8.31% at a $398,000 entry. Equity gained on principal adds $2,568/yr while 5% annual appreciation compounds into $109,960 by year five. Five-year ROI records 107.84% and total cumulative return in cash reaches $142,284. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,756/mo property income versus a $1,948/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
7,841 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03810, Alton Bay, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,403 (100%) |
| Owner Occupied HU | 863 (35.9%) |
| Renter Occupied HU | 211 ( 8.8%) |
| Vacant Housing Units | 1,329 (55.3%) |
| Median Home Value | $612,952 |
| Average Home Value | $698,473 |
Housing Distribution
Address Breakdown
Residential
1,014
Single Family
1,014
Multi-Family
0
Businesses
29
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Listed by: Jodi Hughes • BHHS Verani Wolfeboro
Mls Name: PrimeMLS
Mls ID: #5062430