1261 Old North Main StreetLaconiaNH03246
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder1261 Old North Main Street, Laconia, NH, 03246 in Laconia is a stable, well-positioned rental at $789,000. Rental yield 7.16%. DSCR 1.33 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $217,986 in value and $7,267/yr in principal paydown builds equity, a total projected return of $263,611.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 5.5% |
| Monthly Cash Flow | $(581) | $420 |
City averages based on Laconia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,708 |
| Total Monthly Debt Service | $4,975 |
| DSCR Ratio | 0.95x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1912
0.55 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1912
0.55 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cristen Campbell • Compass New England, LLC
Mls Name: PrimeMLS
Mls ID: #5061945