131 Lake Street #301GilfordNH03249
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
Investment Highlights
Investment property for sale in Gilford at 131 Lake Street #301, Gilford, NH, 03249 uses $54,698 cash to close to unlock $2,131/yr annual cash flow and $178/mo monthly cash flow. Total monthly income runs $1,284/mo, and a $808/mo payment keeps the spread at $178/mo. Purchase price stands at $165,000, and rental yield measures 9.34% with $1,284/mo rent. Return on cash invested shows 23.81% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 124.44% and total cumulative return in cash records $68,063. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,284/mo property income covering a $808/mo payment rather than investor’s personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03249, Gilford, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,332 (100%) |
| Owner Occupied HU | 2,986 (56.0%) |
| Renter Occupied HU | 481 ( 9.0%) |
| Vacant Housing Units | 1,865 (35.0%) |
| Median Home Value | $503,493 |
| Average Home Value | $620,114 |
Housing Distribution
Address Breakdown
Residential
4,386
Single Family
4,104
Multi-Family
282
Businesses
284
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mike Rennie • Keller Williams Realty Metro-Concord
Mls Name: PrimeMLS
Mls ID: #5059872