12 Fellows Lane, Durham, NH, 03824 | 6.15% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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12 Fellows Lane, Durham, NH, 03824 | 6.15% Rental Yield | 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

Investment property for sale in Durham at 12 Fellows Lane, Durham, NH, 03824 with 5% annual appreciation on a $685,000 basis while $3,510/mo rent supports operations. 3% in year one. Equity gained on principal adds $4,420/yr, and five-year appreciation sums $189,253 alongside rental yield of 6.15%. Five-year ROI measures 73.43% and total cumulative return in cash totals $165,478. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,510/mo property income versus a $3,353/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Condo

Built in 2005

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully maintained 55+ condo in desirable Fellows Lane, offering hardwood floors throughout and a thoughtfully designed floor plan. The kitchen features granite counters, ample workspace, a breakfast bar, cabinet-style refrigerator, and pantry, opening seamlessly to the dining room, where large windows fill the space with natural light. The living room boasts a corner gas fireplace and opens to a relaxing three-season room overlooking the woods. The spacious first-floor primary en-suite provides comfort and convenience, while a dedicated office and half bath with laundry complete the main level. Upstairs, youll find two additional bedrooms plus an office, perfect for guests or hobbies. The lower level expands your living space with a family room and bath, ideal for gatherings or overnight stays. Enjoy radiant heat in primary and guest baths. With a 1-year-old HVAC and generator, youll enjoy year-round comfort and peace of mind. Located close to town and major commuting routes, this home blends privacy, comfort, and accessibilityeverything you need for easy living in a sought-after community. Subject to sellers finding suitable housing.

Neighborhood Data

Neighborhood data shown for ZIP Code: 03824, Durham, NH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,006 (100%)
Owner Occupied HU	2,024 (50.5%)
Renter Occupied HU	1,381 (34.5%)
Vacant Housing Units	601 (15.0%)
Median Home Value	$528,356
Average Home Value	$584,769