106 Lead Mine RoadAndoverNH03216
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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 Andover at 106 Lead Mine Road, Andover, NH, 03216 generates $1,854/mo in rent and, after a $954/mo payment, leaves $547/mo in cash flow. Total monthly income is $1,854/mo, and annual cash flow is $6,568/yr on $64,643 invested. Return on cash invested sits at 30.07% in year one, and rental yield is 11.41% on a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 158.07% and total cumulative return in cash sums $102,178. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,854/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03216, Andover, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,223 (100%) |
| Owner Occupied HU | 879 (71.9%) |
| Renter Occupied HU | 169 (13.8%) |
| Vacant Housing Units | 175 (14.3%) |
| Median Home Value | $470,904 |
| Average Home Value | $583,211 |
Housing Distribution
Address Breakdown
Residential
851
Single Family
851
Multi-Family
0
Businesses
65
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Listed by: Michele M Daniels • BHHS Verani Belmont
Mls Name: PrimeMLS
Mls ID: #5063898