139 Heater RoadLebanonNH03766
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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 Lebanon at 139 Heater Road, Lebanon, NH, 03766 priced at $424,900 converts $2,803/mo rent into after a $2,080/mo obligation. Total monthly income equals $2,803/mo. Return on cash invested prints 19.52% in year one, and rental yield reads 7.92% against a $424,900 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,392 by year five. Five-year ROI reaches 101.46% and total cumulative return in cash sums $142,905. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,803/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Multi Family
Built in 1955
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03766, Lebanon, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,356 (100%) |
| Owner Occupied HU | 2,293 (42.8%) |
| Renter Occupied HU | 2,748 (51.3%) |
| Vacant Housing Units | 315 ( 5.9%) |
| Median Home Value | $457,636 |
| Average Home Value | $565,107 |
Housing Distribution
Address Breakdown
Residential
5,358
Single Family
3,804
Multi-Family
1,554
Businesses
639
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Listed by: Vanessa Stone • Vanessa Stone Real Estate
Mls Name: PrimeMLS
Mls ID: #5041789