140 Forest Ridge Drive #3LincolnNH03251
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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 Lincoln at 140 Forest Ridge Drive #3, Lincoln, NH, 03251 generates $3,352/mo in rent, after a $3,181/mo payment. Total monthly income is $3,352/mo. Return on cash invested sits at 14.42% in year one, and rental yield is 6.19% on a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 74.07% and total cumulative return in cash sums $158,402. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,352/mo property income rather than buyer’s personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03251, Lincoln, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,823 (100%) |
| Owner Occupied HU | 580 (20.5%) |
| Renter Occupied HU | 235 ( 8.3%) |
| Vacant Housing Units | 2,008 (71.1%) |
| Median Home Value | $461,674 |
| Average Home Value | $552,457 |
Housing Distribution
Address Breakdown
Residential
337
Single Family
267
Multi-Family
70
Businesses
152
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Listed by: Brent Drouin • Century 21 Mountainside Realty
Mls Name: PrimeMLS
Mls ID: #5068926