1332 Union Avenue 4 (2nd Floor)LaconiaNH03246
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 1332 Union Avenue 4 (2nd Floor), Laconia, NH, 03246 in Laconia fits: $1,245,000, 3.63% gross yield, and a projected 5% annual appreciation rate adding $343,971 in value within five years. Rental yield 3.63%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.67) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $11,467/yr in principal paydown and $343,971 in appreciation project a total return of $180,417.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.6% | 5.5% |
| Monthly Cash Flow | $(4,576) | $420 |
City averages based on Laconia market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,769 |
| Total Monthly Debt Service | $7,850 |
| DSCR Ratio | 0.48x |
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.
Condo
Built in 2022
4.25 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
Condo
Built in 2022
4.25 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: PrimeMLS
Mls ID: #5095400