144 Lake Street #2, Laconia, NH, 03246 | 5.28% Rental Yield

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 144 Lake Street #2, Laconia, NH, 03246 offers a 5.28% rental yield on a $414,900 purchase with $1,824/mo rent. 56% in year one. Equity gained on principal adds $2,677/yr while 5% annual appreciation supports $114,629 over five years. Portfolio math shows five-year ROI at 58.73% and total cumulative return in cash at $80,774. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,824/mo property income against a $2,031/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1910

N/A lot

$N/A/sqft

No HOA