12 Morway LaneBelmontNH03220
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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 Belmont at 12 Morway Lane, Belmont, NH, 03220 generates $2,286/mo in rent and, after a $1,189/mo payment, leaves $582/mo in cash flow. Total monthly income is $2,286/mo, and annual cash flow is $6,985/yr on $80,521 invested. Return on cash invested sits at 28.58% in year one, and rental yield is 11.29% on a $242,900 entry. Equity gained on principal adds $1,567/yr, while 5% annual appreciation builds toward $67,109 over five years. Five-year ROI reaches 150.51% and total cumulative return in cash sums $121,189. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,286/mo property income rather than buyer’s personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
$227 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03220, Belmont, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,973 (100%) |
| Owner Occupied HU | 2,572 (64.7%) |
| Renter Occupied HU | 714 (18.0%) |
| Vacant Housing Units | 687 (17.3%) |
| Median Home Value | $330,418 |
| Average Home Value | $362,935 |
Housing Distribution
Address Breakdown
Residential
2,978
Single Family
2,758
Multi-Family
220
Businesses
221
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Listed by: Robin Mooney • BHHS Verani Belmont
Mls Name: PrimeMLS
Mls Provider:
Mls ID: #5043930
Disclaimer: Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2025-06-10 13:46:44 PDT. This display of listings may or may not be the entire Compilation from the PrimeMLS database, and PrimeMLS does not guarantee the accuracy of such information.