17 Kyle Drive #17, Newport, NH, 03773 | 7.16% Rental Yield

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17 Kyle Drive #17, Newport, NH, 03773 | 7.16% Rental Yield | Ziffy

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

Total monthly income runs $1,486/mo, and a $1,219/mo payment. Purchase price stands at $249,000, and rental yield measures 7.16% with $1,486/mo rent. Return on cash invested shows 17.24% in year one, and 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 89.24% and total cumulative return in cash records $73,664. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,486/mo property income covering a $1,219/mo payment rather than investor’s personal income.

Condo

Built in 1987

N/A lot

$N/A/sqft

No HOA

More details about the property

Charming 2-Bedroom Condo in the Heart of Newport. Tucked away in a peaceful, well-manicured community, this beautifully maintained 2-bedroom, 2-bath condominium offers comfort, convenience, and flexibility. Whether you're looking to downsize, purchase your first home, or invest in rental property, this move-in ready unit has everything you need. Step inside to find a clean, well-appointed living space with a functional layout and freshly painted with a new heating system. The unit is pet-friendly (with some restrictions) and perfect for relaxing or enjoying the serene landscape. Just minutes from shops, dining, and local amenities. With low condo fees, this property is especially attractive to those on a fixed income or seeking a low-maintenance lifestyle. Don't miss your opportunity to explore all the possibilities this versatile condo has to offer. Schedule your visit today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 03773, Newport, NH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,933 (100%)
Owner Occupied HU	2,387 (60.7%)
Renter Occupied HU	1,084 (27.6%)
Vacant Housing Units	462 (11.7%)
Median Home Value	$290,749
Average Home Value	$338,144