1480 Old North Main Street #6, Laconia, NH, 03246 | 7.11% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
537 sft

115 Weirs Road #105B, Gilford, NH, 03249

3 Bed
2 Bath
1448 sft

5 Dynamic View Drive, Franklin, NH, 03235

2 Bed
1 Bath
744 sft

33 East Bluff Village, Meredith, NH, 03253

4 Bed
2 Bath
1589 sft

11 Munroe Street, Franklin, NH, 03235

Nearby investment properties with comparable prices

2 Bed
2 Bath
1056 sft

400 Central Street #204, Franklin, NH, 03235

5 Bed
2 Bath
2324 sft

161 Pleasant Street, Franklin, NH, 03235

3 Bed
2 Bath
1456 sft

26 Kenyann Drive, Wolfeboro, NH, 03894

4 Bed
2 Bath
1460 sft

17 Dolloff Street, Laconia, NH, 03246

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Laconia at 1480 Old North Main Street #6, Laconia, NH, 03246 generates $2,482/mo in rent, after a $2,051/mo payment. Total monthly income is $2,482/mo. Return on cash invested sits at 17.09% in year one, and rental yield is 7.11% on a $419,000 entry. Equity gained on principal adds $2,704/yr, while 5% annual appreciation builds toward $115,762 over five years. Five-year ROI reaches 88.4% and total cumulative return in cash sums $122,789. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,482/mo property income rather than buyer’s personal income.

Condo

Built in 1987

N/A lot

$N/A/sqft

No HOA