137 Modock Hill RoadConwayNH03818
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
Rental property for sale in Conway at 137 Modock Hill Road, Conway, NH, 03818 offers $2,760/mo rent that, after a $2,594/mo payment. Total monthly income is $2,760/mo. Return on cash invested measures 14.61% in year one, and rental yield stands at 6.25% at a $530,000 entry. Equity gained on principal adds $3,420/yr while 5% annual appreciation compounds into $146,429 by year five. Five-year ROI records 75.06% and total cumulative return in cash reaches $130,891. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,760/mo property income versus a $2,594/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
1.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03818, Conway, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,479 (100%) |
| Owner Occupied HU | 1,359 (54.8%) |
| Renter Occupied HU | 513 (20.7%) |
| Vacant Housing Units | 607 (24.5%) |
| Median Home Value | $276,894 |
| Average Home Value | $288,826 |
Housing Distribution
Address Breakdown
Residential
1,086
Single Family
990
Multi-Family
96
Businesses
304
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer McPherson • Pinkham Real Estate
Mls Name: PrimeMLS
Mls ID: #5064232