10 Highland Ridge RoadNew LondonNH03257
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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 New London at 10 Highland Ridge Road, New London, NH, 03257 priced at $585,000 pairs $4,039/mo rent with $118/mo cash flow after a $2,863/mo payment. Total monthly income equals $4,039/mo, and annual cash flow comes to $1,417/yr on $192,465 invested. Return on cash invested is 20.8% in year one, and rental yield stands at 8.29% on a $585,000 basis. Equity gained on principal adds $3,775/yr, and 5% annual appreciation accumulates to $161,625 by year five. Five-year ROI measures 108.27% and total cumulative return in cash reaches $208,374. For financing, Ziffy Mortgage’s DSCR program evaluates $4,039/mo property income against a $2,863/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03257, New London, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,498 (100%) |
| Owner Occupied HU | 1,648 (66.0%) |
| Renter Occupied HU | 305 (12.2%) |
| Vacant Housing Units | 545 (21.8%) |
| Median Home Value | $612,969 |
| Average Home Value | $701,499 |
Housing Distribution
Address Breakdown
Residential
1,311
Single Family
1,078
Multi-Family
233
Businesses
288
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Listed by: Bill Green • Green Real Estate
Mls Name: PrimeMLS
Mls ID: #5069181