10 Lane Drive, Allenstown, NH, 03275 | $164/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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10 Lane Drive, Allenstown, NH, 03275 | $164/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Allenstown at 10 Lane Drive, Allenstown, NH, 03275 offers $1,202/mo rent that, after a $758/mo payment, leaves $164/mo cash flow. Total monthly income is $1,202/mo, and annual cash flow is $1,967/yr on $51,349 cash. Return on cash invested measures 23.74% in year one, and rental yield stands at 9.31% at a $154,900 entry. Equity gained on principal adds $1,000/yr while 5% annual appreciation compounds into $42,796 by year five. Five-year ROI records 124.06% and total cumulative return in cash reaches $63,704. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,202/mo property income versus a $758/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Manufactured

Built in 1997

N/A lot

$N/A/sqft

No HOA

More details about the property

Start building equity and control your lot fees in Bear View Crossing Cooperative, a desirable, all-ages, and pet-friendly community! This 3 bedroom, 2 full bath manufactured home offers a fantastic opportunity for an affordable home in a prime commuter location, with easy access to both Manchester and Concord. The home features a functional layout with a primary suite on one end complete with walk-in closet and full bath, and 2 additional bedrooms on the other end with a second full bathroom. A roomy eat-in kitchen with breakfast bar opens directly to the living area - a great space for families and entertaining. Have peace of mind with recent big ticket updates such as the brand new water heater and roof done in 2023. This is the perfect chance to move into a friendly neighborhood and add instant value with some simple aesthetic improvements to make it your own. Don't miss this opportunity for affordable homeownership! Open house Saturday October 11th 3-5pm.

Neighborhood Data

Neighborhood data shown for ZIP Code: 03275, Suncook, NH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,349 (100%)
Owner Occupied HU	3,747 (70.1%)
Renter Occupied HU	1,406 (26.3%)
Vacant Housing Units	196 ( 3.7%)
Median Home Value	$378,026
Average Home Value	$377,170