1420 Old North Main Street, Laconia, NH, 03246 | $235/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Laconia at 1420 Old North Main Street, Laconia, NH, 03246 offers a 8.58% rental yield on a $529,000 purchase with $3,781/mo rent. Total monthly income registers $3,781/mo, and a $2,589/mo payment leaves $235/mo available for distribution. Annual cash flow reaches $2,825/yr on $174,041 to close, and return on cash invested stands at 21.68% in year one. Equity gained on principal adds $3,414/yr while 5% annual appreciation supports $146,153 over five years. Portfolio math shows five-year ROI at 113.01% and total cumulative return in cash at $196,685. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,781/mo property income against a $2,589/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1900

0.71 Acres lot

$N/A/sqft

No HOA